Home Current News U.S. Secretary of State cautions nations against taking ‘easy money’ from China

U.S. Secretary of State cautions nations against taking ‘easy money’ from China

98

U.S. Secretary of State cautions nations against taking 'easy money' from ChinaU.S. Secretary of State Mike Pompeo, on a visit to Jamaica on Wednesday, cautioned nations against taking “easy money” from China, warning it could be counterproductive, in a second attack in as many days against China’s economic role in the region. On Tuesday, he drew the ire of Chinese officials when he said “flashy” Chinese economic promises often produces debt dependency and erode the sovereignty of borrower nations.

Source: yahoo.com/news