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"That financing wouldn’t come cheap, according to Evan Ellis, a senior associate at the Washington DC based Centre for Strategic & International Studies. “China
by josefresco 4y ago
"That financing wouldn’t come cheap, according to Evan Ellis, a senior associate at the Washington DC based Centre for Strategic & International Studies. “China acts as a payday lender, they make good money off of these deals,” he said. “But they often find a way to tie the loans to long-term commercial and strategic benefits opening the way for Chinese companies.”"
Sounds ... predatory.
- Normille 4y ago>a senior associate at the Washington DC based... Sounds ... partisan
- josefresco 4y agoChina is the largest government creditor to emerging economies and it's been widely reported on and dissected. I don't need a senior associate at a think tank to tell me there are strings attached. Whataboutism doesn't make this any less concerning.