Borrowing money under the aegis of China's Belt and Road Initiative carries some big risks for poorer countries but it is by no means the inevitable debt trap that some critics allege.
And it's not just Beijing saying it, which is partly why enthusiasm for the grand project isn't waning.
“The current narrative is that there’s a backlash within parts of the region. Actually, the initiative has been quite resilient,” Rush Doshi, a postdoctoral research fellow at the Brookings Institution, said in a report published by the US think tank last month.
Belt and Road is China’s vast blueprint to connect more effectively...