China’s Belt and Road Initiative creates the potential for debt-sustainability problems in some of the world’s weakest economies, according to the Center for Global Development.
The infrastructure project -- aimed at forging new economic links with Europe, Asia and Africa -- puts Djibouti, Kyrgyzstan, Laos, the Maldives, Mongolia, Montenegro, Pakistan, and Tajikistan “at particular risk of debt distress,” researchers at the Washington-based research institute said in a report on Sunday.
