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Publications
  • February 6, 2021
  • Editorial
  • The Atlantic (website)

The Chinese Debt Trap Is a Myth: The Narrative Wrongfully Portrays Both Beijing and the Developing Countries It Deals With.

By: Deborah Brautigam and Meg Rithmire
  • Format:Electronic
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Abstract

Our research shows that Chinese banks are willing to restructure the terms of existing loans and have never actually seized an asset from any country, much less the port of Hambantota. A Chinese company’s acquisition of a majority stake in the port was a cautionary tale, but it’s not the one we’ve often heard. With a new administration in Washington, the truth about the widely, perhaps willfully, misunderstood case of Hambantota Port is long overdue.

Keywords

Financing And Loans; Developing Countries And Economies; International Relations; China

Citation

Brautigam, Deborah, and Meg Rithmire. "The Chinese Debt Trap Is a Myth: The Narrative Wrongfully Portrays Both Beijing and the Developing Countries It Deals With." The Atlantic (website) (February 6, 2021).
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About The Author

Meg Rithmire

Business, Government and the International Economy
→More Publications

More from the Authors

    • January 2021
    • Faculty Research

    Snapp: Scaling Under Sanctions in Iran (A)

    By: Meg Rithmire and Gamze Yucaoglu
    • 2020
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    Party-State Capitalism in China

    By: Margaret Pearson, Meg Rithmire and Kellee Tsai
    • 2020
    • Faculty Research

    The Resurgent Role of the State in China's Economy: Experimentation, Domestic Politics, and U.S. Policy

    By: Meg Rithmire
More from the Authors
  • Snapp: Scaling Under Sanctions in Iran (A) By: Meg Rithmire and Gamze Yucaoglu
  • Party-State Capitalism in China By: Margaret Pearson, Meg Rithmire and Kellee Tsai
  • The Resurgent Role of the State in China's Economy: Experimentation, Domestic Politics, and U.S. Policy By: Meg Rithmire
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