Warning Against ‘Chinese Debt Trap’ 

Iran has become indebted to China for an uneconomical project; Iran will receive a hefty loan worth 15.3 billion yuan and repay 21.88 billion yuan instead. 
China has a famous solution when it comes to paying large loans to underdeveloped or developing countries: in exchange for their loan installments, they take their oil, gas, minerals and raw resources. Chinese projects, dubbed by some countries as “debt trap”, make poor and developing countries indebted to China, the Persian daily Shargh reported.
Now it seems that the Chinese have surreptitiously begun the Qom-Isfahan high-speed train project in Iran. Rail transport experts say this costly project comes, as Iran’s rail transport is loss-making and vital income-generating projects such as the Rasht-Astara and Chabahar-Zahedan railroads remain incomplete...