Posted inChinaMaldivesSouth Asia

Maldives seeks diplomatic solution to Chinese debt burden

The Maldives is seeking a “diplomatic” solution to restructure its Chinese debt as the small but strategically located atoll nation struggles with repayments, the foreign ministry has said. Former strongman president Abdulla Yameen relied heavily on Beijing to provide financial support during his five-year term and his successor’s party has accused China of a land […]