VOICES: China's BRI demonized as 'debt trap' for running against dollar dominance - Stephen Brawer

Описание: "Poorer countries will be crushed by borrowing from China as they will have trouble repaying their debts and then knuckle under China" - this so-called "debt trap" rhetoric from the West was questioned by straight-forward Stephen Brawer, Chairman of the Belt and Road Institute(BRI) in Sweden, in his exclusive interview with ShanghaiEye on the 10th anniversary of the BRI initiative.

Mr Brawer mentioned that China is "doing the right thing" as its approach of focusing on infrastructure aims at a better livelihood for all humankind, though it may not serve the interest of private firms who only seek short-term profits. However, he noticed Sweden is "reluctant to recoginize" because it is deep in the old US dollar payment systems.

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