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Jin Keyu, a professor of economics at the London School of Economics and Political Science, said it is totally wrong that BRI creates a debt trap for recipient countries. She made the remark during an interview with CGTN's Zhou Yiqiu at the 2023 Summer Davos. She also added that most of the debt in emerging markets is owed to Western institutions, and China provides stable financing for the infrastructure and development goals of emerging markets. Professor Jin also believes that in the future, Western countries must recognize that their rules and their game rules must be adjusted, not only to meet modern and contemporary standards, that is, closer to the market and involving private creditors, but also to motivate China to play a greater role.
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Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466