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Hypothetical scenario. Rather than China seizing infrastructure collateral for debt trap loans instead China compels governments to push for ubiquity of a Chin
by chriselles 8y ago
Hypothetical scenario.
Rather than China seizing infrastructure collateral for debt trap loans instead China compels governments to push for ubiquity of a China/BAT superplatform, say "WeChat+" thru which all local government services and commerce will be conducted.
Also concurrently providing outsourced support for local regime continuity due to persistent surveillance provide by a "WeChat+" platform integrated with local and Chinese government.
- NicoJuicy 8y agoOnly China / Russia / Korea can currently push platforms because of dictatorship and censorship. You are forgetting that the WTO was already asked by multiple countries for help. There are other options than China ;) The source of the money is partially already from Europe and America. China borrows a lot of money too. https://www.cgdev.org/blog/china-borrows-lot-money-world-bank-and-thats-okay https://www.cgdev.org/blog/china-borrows-lot-money-world-ban...