China’s ‘payday loans’ assaulted by Arthur B Culvahouse Jr, brand brand new United States diplomat to Australia

China’s ‘payday loans’ assaulted by Arthur B Culvahouse Jr, brand brand new United States diplomat to Australia

Arthur B Culvahouse Jr stated the amount of money agreed to Pacific countries appears appealing and simple in advance.

ABC Information: Matt Roberts

The United that is new States to Australia has ratcheted up their assaults on China, accusing Beijing of “payday loan” diplomacy into the Pacific.

Tips:

  • The ambassador warned Pacific countries to “read the print that is fine
  • Their opinions echo US Vice-President Mike Pence’s “debt trap” statements
  • ANU analyst claims Mr Culvahouse’s caution is “over the most effective”

Arthur B Culvahouse Jr made the remark significantly less than a full hour after being ceremonially welcomed to Canberra because of the Governor-General.

US Vice-President Mike Pence has over and over accused Asia of “debt trap” diplomacy, saying Beijing intentionally loads little nations with unaffordable debts so it can make use of as leverage. Continue reading “China’s ‘payday loans’ assaulted by Arthur B Culvahouse Jr, brand brand new United States diplomat to Australia”