The rapidly deteriorating state of Papua New Guinea’s economy is presenting serious challenges for the PNG government, which is already struggling to finance its 2020 budget. But another factor looms as an equal, if not …
Tag Archive for: "debt-trap diplomacy"
Papua New Guinea faces its most critical economic, fiscal and social crisis since independence in 1975. This dangerous mix is largely unrelated to the coronavirus sweeping the world, despite attempts by some PNG leaders to …
It has long been feared that Cambodia’s growing dependence on China—its largest aid donor, investor and creditor—would lead to a Chinese military presence in the country. According to a recent Wall Street Journal report, those …