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by philliphaydon
1439 days ago
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> Countries can say "no" to "using Chinese companies". Except they aren't as the contracts prohibit open bidding. > The Atlantic's article says that Chinese lenders are often willing to restructure the loan. Except when they are not willing, which is most often the case. They restructure when things are seemly fine but if shit hits the fan like in the case of Sri Lanka, they wont discuss it. But the CCP prob jots it down to 'a mistranslation' and 'rumor' as they have done in the past. |
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Regarding being able to negotiate: high-profile African commentators, such as Gyude Moore, have pointed out on multiple occasions that it's perfectly possible to say no to an offer, after which the Chinese offer new terms. You should check out his videos some time.