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by screye 2170 days ago
> plowing billions into basic infra like railways, ports and roads across swathes of Asia and Africa, and then its companies follow.

That hasn't worked out too well for them.

The reason no other country wanted to fund these projects, is because they have a history of defaulting on those loans. Additionally, these projects are a wound that doesn't stop bleeding. China has to continue pouring money in them for maintenance and upkeep too.

Unless China's goal is geopolitical neo-colonialism, I do not see any of their international infrastructure projects paying off any time soon.

1 comments

They're playing a long game, and yes, that may well be their goal.