Suriname, the first country in America that sank because of loans from China

Keys to Latin America

Beijing, with nearly 20% of the South American country’s public debt, is reluctant to restructure its payment terms

Emily J Blasco

A former Dutch colony in northern South America, with barely 600,000 inhabitants and a very small economy, Suriname may be the first country to fall victim to China’s so-called “debt trap”. It is the first American country to find itself overwhelmed by the impossibility of returning …

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