Why is “debt-trap diplomacy” nothing more than an anti-China meme? Why is the geopolitical interpretation of Chinese overseas lending wrong, and what does that suggest about US/Western estimates of China’s intentions? Why do Chinese firms hate writing down unpayable debts? And why do smaller developing nations rarely benefit from international financial competition? I sat down with the great Shahar Hameiri to discuss all that and more in the latest episode of the pod.

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Shahar and Lee’s piece, “China, International Competition, and the Stalemate in Sovereign Debt Restructuring: Beyond Geopolitics.” 

Shahar Hameiri and Lee Jones, Fractured China: How State Transformation is Shaping China’s Rise.

Deborah Brautigaum, “A critical look at Chinese ‘debt-trap diplomacy’: the rise of a meme.”

Shahar Hameiri and Lee Jones, “Debunking the Myth of Debt-Trap Diplomacy.”