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by vxNsr 1118 days ago
So china lent money loan-shark style for things that these countries probably didn’t need but china convinced them would help them, and now it’s calling the loans due and of course the promised revenues didn’t materialize so these destitute countries are left holding the bag.
1 comments

Oh those poor gullible down to earth simple hard working average Joe countries.

I honestly feel a weird kind of anthropomorphisation going on here. These kinds of contracts involve armies of professional bureaucrats, lawyers and financial experts from both sides.

Denying these countries their own agenda and responsibility is kind of dishonest, is it? These are sovereign states, not some well educated corpos fooling countryside simpletons.