China | Some poorer nations are growing wary of generous Chinese investments
by June Cheng
Posted 8/23/18, 09:56 am
During a five-day trip to Beijing this week, the prime minister of Malaysia, Mahathir Mohamad, took a strong stance against further Chinese investment in the Southeast Asian nation, canceling $22 billion worth of China-backed infrastructure projects. Malaysia is the latest country to adopt a cautious view of generous Chinese investments as poor countries fall into China’s debt trap.