Foreign Policy
Source: Foreign Policy |

Will Djibouti Become Latest Country to Fall Into China’s Debt Trap?

The African country houses a key U.S. military base, making it a particular concern for Washington

Djibouti lies more than 2,500 miles from Sri Lanka but the East African country faces a predicament similar to what its peer across the sea confronted last year: It has borrowed more money from China than it can pay back. In both countries, the money went to infrastructure projects under…