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China need panama to invade america...
Pakistan and Sri Lanka spent too much on subsidies. Nothing to do with belt and road.Belt and Road is a debt trap which devastates countries. See what happened to Sri Lanka and Pakistan.
Zaobao used to have a dedicated Belt and Road website portal, and was quietly taken offline some years ago.
Lianhe Zaobao and Singapore Business Federation launch 'One Belt, One Road' portal
MAR 08, 2016
https://www.straitstimes.com/busine...-federation-launches-one-belt-one-road-portal
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It already has, with its newly operated giant port in Peru.China will now build a rival canal and bankrupt Panama.
Pakistan and Sri Lanka spent too much on subsidies. Nothing to do with belt and road.
Yeah ... Pay exhibiting some of money. You use your material you use their man power.Belt and road is good!! Lend $ , increased economy, but need hire china companies.
Same la like uSa but no ask lgbt or other stupid stuff
Yeah ... Pay exhibiting some of money. You use your material you use their man power.
Your country will take generations to repay back the loans with high interest premium factor into it
But they really hire the people and get the material from within the country. It actually pushes the economic growth for the borrowing nations.Yeah yeah...so IMF lend $ to poor countries because IMF love them?? U think USA lend$ to ukraine becauee USA love Ukraine???
All need to pay back one la
But they really hire the people and get the material from within the country. It actually pushes the economic growth for the borrowing nations.
It's only china that they lend you the money. Charges the country at a very high interest rate. Use their own material, use their own people to build.
At the end of it, the borrowing country gains nothing.
Yes and no. You hire china company, they really get things done. If hire own local sub standard company, whatever plan will not get even 50% due to corruption a delay
U must understand these are african countries or South america countries, they never efficient when left on their own. Example hire chinese company build port, once port is built, there will be prosperity regardless who build it. Key is get it built
By building infrastructure, it's to use the money from loans to inject money into the system. Thus it create more money down the line from the top to the bottom.Yes and no. You hire china company, they really get things done. If hire own local sub standard company, whatever plan will not get even 50% due to corruption a delay
U must understand these are african countries or South america countries, they never efficient when left on their own. Example hire chinese company build port, once port is built, there will be prosperity regardless who build it. Key is get it built
By building infrastructure, it's to use the money from loans to inject money into the system. Thus it create more money down the line from the top to the bottom.
But if you get a loan from CCP and you hire Tiong to do the work. They source their material from China , they get their own man from china to work. All the loan money spend eventually goes back to China. Leaving nothing to the host nation. I hear say even the pails use to contain water is being brought from china. The worker does not even spend a single cent.