Debt trap smears smack of imperialist intent to keep poorer countries poor: China Daily editorial
It's a popular refrain among US officials who seek to portray China as a scheming creditor and the debtor countries as naive and credulous victims. They claim that China is forcing poorer countries into debt traps, by convincing them into taking on loans for infrastructure projects that they can't afford and that offer few benefits, so that Beijing eventually takes control of these assets when the countries can't repay their loans.