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Okay that's enough China bashing threads. On the positive side, China has in the past waived some debts of African countries, which don't get to top of HN. htt
by paraditedc 8y ago
Okay that's enough China bashing threads. On the positive side, China has in the past waived some debts of African countries, which don't get to top of HN.
https://www.wsj.com/articles/chinas-xi-pledges-60-billion-toward-africas-development-waives-some-debt-1535985008 https://www.wsj.com/articles/chinas-xi-pledges-60-billion-to...
- acct1771 8y agoWhat'd they get out of it? These actions don't exist in a bubble, neither do those.
- mb_72 8y agoWell... https://www.abc.net.au/news/2018-11-16/are-china-cheap-loans-to-poor-nations-a-debt-trap/10493286 https://www.abc.net.au/news/2018-11-16/are-china-cheap-loans... ... not sure what 'bashing' you are talking about. This 'debt-trap diplomacy' is a real concern here in Australia.
- paraditedc 8y agoYour article talks about the same issue as the one being discussed here. And my comment is to shed light onto this issue from the other side (debt issuer). Anything wrong with that?