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Tag: china development bank

Florida’s Senators Warn State Department, Treasury Against China’s Debt-trap Diplomacy Amid Covid-19 Pandemic

While the senators support efforts to provide aid for developing countries, in a letter to U.S. Treasury Sec. Steven Mnuchin and U.S. Sec. of State Mike Pompeo, they cautioned that the U.S. must be wary of enabling China’s debt-trap diplomacy.
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