Several cases are frequently cited when discussing China’s so-called debt trap diplomacy: Sri Lanka, Laos, and Malaysia. These examples shed light on how China’s strategy plays out in practice.
Four more bank officers have been arrested by the Malaysian Anti-Corruption Commission (MACC) in connection to a loan syndicate targeting public servants.
PUTRAJAYA, Jan 14 (Bernama) -- The Malaysian Anti-Corruption Commission (MACC) has thwarted a syndicate involved in corruption and money laundering activities, allowing public servants with bad debts ...