New Delhi, Dec 14 (ANI): Maldives Parliament Speaker Mohamed Nasheed called Chinese debt trap a "serious case". Speaking on it, Nasheed said, "During last 6-7 years, a large amount of Chinese funds have gone into Maldives as projects and most of these projects have inflated prices. Inflated to the extent that the business plan of any of these projects would fail. So, the assets created by debt are not equal to it, so we can't pay the debt.
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