Debt trap is a common word which is being used these days. There’s hue and cry by the western countries to malign the Belt and Road Initiative (BRI) by using the term debt trap. It has become a buzzword along with environment and many self-imagined assumptions in Pakistan for criticizing China-Pakistan Economic Corridor (CPEC) related interventions and programs. The proponents of this term paint a scary picture and try to convince the common man that something really bad is on the horizon.
They claim that CPEC is not an economic opportunity, rather a debt trap, but the actual debt trap which was systematically introduced by other factors does not get space in the debate, especially in the liberal circles.
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