What I’m reading: China’s debt problem

“Logic dictates that if Russia wants to increase the pressure on Europe, it should try beyond the territory of the former Soviet Union,” writes Ivan Krastev in the Financial Times. “It is such a scenario that makes the Balkans a likely hotspot. Russia certainly does not fantasize about bringing Bosnia or Albania into its sphere of influence, and nobody in the Balkans dreams of joining the Eurasian Union. Their major trading partner is the EU — and it is there that businesses look for investment, and would-be émigrés look for new homes.”

CNN