Submitted by BubsyFanboy t3_126xlg0 in worldnews
macross1984 t1_jechr3h wrote
One of few times I agree with China here. Lending money and then trapping the borrowers with interest is techniques used by all lenders.
[deleted] t1_jedjujx wrote
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Moskitokaiser t1_jedwjaa wrote
Dude the article is about us accusing china of such practices
sigmaluckynine t1_jefeveh wrote
They are and to be fair there's truth to both sides. The way it looks on paper it looks bad, but the mechanism they've been taking leads to a conclusion it's not what anyone thinks it is.
Also, if it was a debt trap you'll have more African leaders opposed to China. That's not the case. They actually prefer to work with the Chinese than the US and more specifically European nations
Omnipotent48 t1_jegafk6 wrote
Gee, I wonder if there's any historically contextual reasons for this? 🤔
[deleted] t1_jedlyal wrote
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DefyEverything t1_jednouz wrote
China is doing the same in Africa, latin america, and some parts of Asia
Moskitokaiser t1_jedwjuz wrote
Dude the article is about US accusing china of such practices
[deleted] t1_jeduay0 wrote
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