Countries should not be "fooled" by China's Belt and Road initiative into China bonds, but should instead look for opportunities in India, says a critic of the Beijing flagship infrastructure project.
The BRI is a "debt trap," Raslan said. China "does not invest – it will lend us money for projects that have very low economic value for host countries," he added.
Borrowers need to "look more to India," Raslan said. "We have to concentrate there."
He explained that "India has 1.3 billion people by the end of the day and it is growing very fast – they will attract imports."
India's economy is expected to grow by 7 percent in 2019, growing from 6 percent to 6.5 percent in the same year compared to China's growth.