'...In short, borrowing nations could be forever indebted to the IMF or World and by extension the US, thus dancing to its tune.
China, on the other hand, provides concessional as well regular commercial loans at market interest rates or lower to ease the borrowing countries’ debt burden because it is in its interest to do so. If a country is unable to repay the loan, for example, it is China’s loss. In this regard, China will and indeed has done everything possible to prevent payment default.'
'It’s time for Trump to reset the US-China relationship. Using disinformation or fake news to demonize China is akin to pulling the wrong tooth and worsening the toothache.'
