Follow CGSP on Social Media

Listen to the CGSP Podcast

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.”

  • Get a daily email packed with the latest China-Africa news and analysis.
  • Read exclusive insights on the key trends shaping China-Africa relations.
  • Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.

China, Africa and the Global South... find out what’s happening.

Subscribe today for unlimited access.

What is The China-Global South Project?


The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or culture.


A carefully curated selection of the day’s most important China-Global South stories. Updated 24 hours a day by human editors. No bots, no algorithms.


Diverse, often unconventional insights from scholars, analysts, journalists and a variety of stakeholders in the China-Global South discourse.


A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.