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Not to the extent that most countries would need to. It's a bit silly in financial/economic terms to have cash just sitting there doing nothing, while you take
by simonblack 3y ago
Not to the extent that most countries would need to. It's a bit silly in financial/economic terms to have cash just sitting there doing nothing, while you take out a costlier mortgage on something else.
Most of the infrastructure debt that you're likely to be thinking of is taken out by other countries who have China constructing the railways, etc, used in making the BRI. China is shelling out plenty of cash for those railways, etc in the near term, while the other countries will pay it off over the longer term.