https://www.theatlantic.com/international/archive/2021/02/china-debt-trap-diplomacy/617953/

Event The Atlantic, imperialist rag that it is, agrees that the Chinese debt trap is a lie. Just compare IMF loans with Chinese loans. There's no question that China's terms are better, lead to better outcomes, and that China has forgiven billions in debt when some of their bets didn't produce the expected results.