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Concern over Maldives mounting debt to China

The three largest Chinese projects in the Maldives are said to be worth $1.5 billion.Concern and disapproval after reports of China’s proposal to take over Zambia’s international airport,China’s Exim bank gave a US$360 million loan for the three-year development of Kenneth Kaunda international airport in 2015 and Zambia’s debt levels have been described as a “national crisis.”“Zambia, Gambia, all lessons to you!” former foreign minister Ahmed Shaheed tweeted, referring to China-backed development projects in the Maldives such as the US$200 million Sinamalé Bridge and an upgrade of the country’s main international airport.

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