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Those inroads are disintegrating. The quality of the deliverables hasn’t been great, they have been poorly managed and have left many countries either in signi
by threeseed 6y ago
Those inroads are disintegrating.
The quality of the deliverables hasn’t been great, they have been poorly managed and have left many countries either in significant debt or with onerous obligations.
- ethbro 6y agoThat's the problem with state-driven investment. Most people are lazy and/or greedy, and given a known state-sponsored payday, have no incentive to deliver quality. So even if the Chinese state may want the projects to go well, the conduit by which the projects are funded and managed doesn't have much more than shame and prison as sticks, and that's only for people who are caught.