By Alasdair Pal
From the article:
NEW DELHI - A victory for President Abdulla Yameen in a Sunday election in the Maldives could ramp up pressure on its finances, as the government stays the course on a Chinese-backed infrastructure boom that is in danger of swamping the economy.
The Maldives under Yameen has grown closer to China - to the alarm of traditional ally India - with China funding roads, bridges and an extension to the international airport as part of its Belt and Road Initiative (BRI) of infrastructure projects in almost 70 countries from Mongolia to Montenegro.
...
The Maldives, a small economy heavily reliant on tourism, is one of the most at-risk countries of any involved with the BRI to the distress of debt, said the Center for Global Development, a Washington D.C.-based think-tank tracking the initiative.
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