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Chinese lending puts Maldives at risk of debt distress

Maldives is one of eight countries subject to high debt distress from Chinese investments, a study has revealed.The findings come from the Center for Global Development (CGD), a Washington-based think tank, which examined the debt implications of Beijing’s Belt and Road Initiative.The study evaluated the current and future debt levels of the 68 countries hosting BRI-funded projects. It found that future BRI-related financing will significantly add to the risk of debt distress of eight countries, including the Maldives.…………….Please Log in or Subscribe to view full details…..

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