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by sorenn111
1758 days ago
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Chinese belt and road projects are notoriously opaque but often have China bringing the financing, labor, and infrastructure. Foreign companies are often largely left out. The people benefit very little as the resources and value extracted return to China. The workers themselves are largely Chinese workers. The bribed officials get benefit and some profit is shared with the companies, but the populace largely gets nothing and sees the natural resources just taken. [1]: https://www.wsj.com/articles/china-bills-its-belt-and-road-a... |
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