{"id":439367,"date":"2021-09-30T11:24:30","date_gmt":"2021-09-30T05:54:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=439367"},"modified":"2021-09-30T12:43:47","modified_gmt":"2021-09-30T07:13:47","slug":"china-infrastructure-drive-traps-poor-nations-with-385-bn-hidden-debt-study","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/china-infrastructure-drive-traps-poor-nations-with-385-bn-hidden-debt-study\/","title":{"rendered":"China infrastructure drive traps poor nations with $385 bn &#8216;hidden debt&#8217;: Study"},"content":{"rendered":"<p>BEIJING: China&#8217;s ambitious foreign infrastructure push has saddled poor nations with &#8220;hidden debt&#8221; worth $385 billion, and more than a third of the projects have been hit by alleged corruption scandals and protests, a study said Wednesday. <\/p>\n<p>Research from international development research lab AidData said that opaque deals with state banks and companies under President Xi Jinping&#8217;s flagship investment drive &#8212; the Belt and Road Initiative &#8212; has left dozens of lower income governments strapped with debt that isn&#8217;t on their balance sheets. <\/p>\n<p>China has invested more than $843 billion to build roads, bridges, ports and hospitals in some 163 nations since the programme was announced in 2013, including many countries across Africa and Central Asia.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING: China&#8217;s ambitious foreign infrastructure push has saddled poor nations with &#8220;hidden debt&#8221; worth $385 billion, and more than a third of the projects have been hit by alleged corruption scandals and protests, a study said Wednesday. Research from international development research lab AidData said that opaque deals with state banks and companies under President Xi Jinping&#8217;s flagship investment drive &#8212; the Belt and Road Initiative &#8212; has left dozens of lower income governments strapped with debt that isn&#8217;t on their balance sheets. China has invested more than $843 billion to build roads, bridges, ports and hospitals in some 163 [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,221,137],"tags":[],"class_list":["post-439367","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/439367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=439367"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/439367\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=439367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=439367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=439367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}