Its generous infrastructure loans have been leading some of the countries willing to follow that road into a debt trap. The chance to escape is slim. An Iron Fist in a Velvet Glove. But as Beijing implements it step by step, luring more partners to get the show on that road, the risk and reward equation is coming under closer scrutiny. The potential debt trap embedded in the Chinese loans is viewed by critics as a serious threat to those countries.
AN IRON HAND/FIST IN A VELVET GLOVE | meaning in the Cambridge English Dictionary
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Oxford English and Spanish Dictionary, Synonyms, and Spanish to English Translator
Short version of the article. Full version of the article. In , President of the United States Woodrow Wilson presented a draft peace treaty to Congress aimed at putting an end to four years of bloodshed caused by the First World War. The document differed from the spirit and principles of the peace accords concluded in the history of international relations. Previous peace agreements would normally enumerate the conditions to be met by the sides in order to end the war.
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