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Opium wars is > 150 years ago, the world has changed a lot since then, lol. We have electricity by now, my opinion takes into account post internet age > 1990.
by NicoJuicy 4y ago
Opium wars is > 150 years ago, the world has changed a lot since then, lol. We have electricity by now, my opinion takes into account post internet age > 1990.
IMF does conditional loans, so it would ( in theory) improve the country, because something is not going well atm. ( Eg. Greece).
> Greece has repaid ahead of schedule 2.7 billion euros ($2.87 billion) of loans owed to euro zone countries under the first bailout it received during its decade-long debt crisis, a finance ministry official told Reuters on Thursday.15 dec 2022
China loans money and uses their own workers with that money to export their excess infrastructure building capacity. The country itselve doesn't have any benefit for local workers, only China benefits.
All those projects presented with grand prestige by China 5-10 years ago are never mentioned anymore. Nigeria, Pakistan, ...
It's not hard to see why either.