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There will be be repercussions from both China and global trade organizations as applicable - although that may indeed be worth it in the end. In addition the

There will be be repercussions from both China and global trade organizations as applicable - although that may indeed be worth it in the end. In addition the country will lose a bit of credibility with investors putting at risk investment in other areas where the government might "change its mind" like natural resources. This is hard to quantify but has an impact in aggregate. Ontario, Canada sold one of the countries most important highways back in the 90's to investors for 100 years but at least the owners were still Canadians.

pas 4y ago
It depends on how they do it. If they simply renegotiate or go through various arbitration/adjudication processes, then the impact can be small. (Of course if they don't accept the outcome of these processes, then it'll be worse.) That said, on this level it's almost 100% politics. There are many ways to get out of these unfair deals made in times of desperation, the question is - like you said - are they worth it or not.