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Politics

China refutes the alleged 'China debt trap' for Pacific island countries

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2018-08-31 15:30:22CGTN Editor : Gu Liping ECNS App Download

Chinese foreign ministry spokeswoman Hua Chunying on Thursday refuted recent accusations by some foreign media that loans provided by China to the Pacific island countries would bring "debt trap" for them. 

"The relevant Chinese loans have no political strings," said Hua at a regular press briefing, stressing that China pays high attention to the debt sustainability of the recipient countries and fully respects the will of their governments.

She also said the foreign media reports that played up the so-called "China debt trap" issue were using double-standard. "I can't help but wonder why the money is "money pie" when it is offered by the Western countries but "money trap" when offered by China?" she said.  

She pointed out that by funding infrastructure and other areas that lag behind for short of money, China has helped the relevant countries break bottlenecks, enhance their capacity for independent development, realize social and economic sustainable development, and improve people's livelihood.

She advised relevant people to "stop setting up roadblocks when others are helping build roads", and join China to do something real good for the development of other countries.

  

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