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Global Times Claps Back at Japan’s ‘Debt Trap’ Allegations

China’s government-owned nationalist tabloid Global Times has hit back at comments by Japan’s Foreign Minister Yoshimasa Hayashi (photo) that Japan will help developing countries out of China’s ‘debt traps.’

GT called the debt trap allegation “an insult to developing countries,” and said: “the so-called “debt trap” is nothing but a lie fabricated by Western countries to smear and disrupt a deepening economic and trade relationship between China and developing countries.”

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