Chinese and Iranian vultures circling over Beirut

Arab News | Aug 2, 2020 at 8:32 AM
  • For two millennia the Silk Road was a 6,500km caravan route connecting China to the West, for the export of spices, fabrics and tea.
  • Chinese hawks view Lebanon’s crushing financial crisis as a bargain opportunity to consolidate its presence in the eastern Mediterranean.
  • Lebanon’s former labor minister, Camille Abu-Suleiman, warns of Beijing laying “debt traps”— offering quick infrastructure loans at high interest rates, then seizing the assets when the country fails to repay the debts.