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If the debtor country doesn't cooperate the lender has all manner of soft and hard power to fall back on. They can fund political opponents or instigate coups
by George83728 3y ago
If the debtor country doesn't cooperate the lender has all manner of soft and hard power to fall back on. They can fund political opponents or instigate coups to install a puppet government. Organize sanctions, train guerilla fighters, or even overtly start a war.
Needless to say, China is not exactly a pioneer in this space...
- bequanna 3y agoBut doesn’t this make a huge opening for someone like the US to step in and say: “hey, we will bail you out and stop China from interfering. Just sign this treaty and let us occupy with some troops”?