China using ‘pay-day loan diplomacy’ in the Pacific: U.S. diplomat

FILE PHOTO: U.S. and Chinese flags are placed for a joint news conference by U.S. Secretary of State Mike Pompeo and Chinese Foreign Minister Wang Yi at the Great Hall of the People in Beijing, China June 14, 2018. REUTERS/Jason Lee

SYDNEY (Reuters) – China’s is using “pay-day loan diplomacy” to exert influence in the Pacific, the new U.S. ambassador to Australia said on Wednesday, comments that threaten to inflame regional tensions. The United States and its regional allies have been battling China for greater influence in the Pacific – a region that has votes at […]

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