The leader of Tonga has called on Pacific Island leaders to band together and press China to write off their debts, saying his small nation is suffering “serious” debt distress.
- Tonga’s Prime Minister wants to use the Pacific Islands Forum to tackle the Chinese debt issue
- Akalisi Pohiva says the region should collectively urge Beijing to waive repayments
- China says its aid is aimed at “improving people’s lives” and “economic development”
The calls come as Beijing defended its spending program in the Pacific in a statement to the ABC as “sincere and unselfish” while arguing that it only provides loans to those who can afford it.
Read the full article at: http://www.abc.net.au/news/2018-08-16/tonga-leads-pacific-call-for-china-to-forgive-debts/10124792