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International Business Times
International Business Times
Business
Steven TRASK

Papua New Guinea Will Not Be 'Reckless' With China Loans: PM

James Marape Papua New Guinea China United States
Papua New Guinea was in 2018 one of the first Pacific nations to join China's Belt and Road programme (Credit: AFP)

Papua New Guinea's prime minister has promised to tread carefully with Belt and Road funding from China, telling AFP on Monday he would not be "reckless" with foreign loans.

China and the United States have been jockeying for influence in the South Pacific state, which sits atop bulging deposits of gas and minerals and peers over key shipping lanes.

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