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The infrastructure projects that China "gives" generally result in unsustainable debt burdens for the host countries that negatively impact their economies. ht
by aSanchezStern 2y ago
The infrastructure projects that China "gives" generally result in unsustainable debt burdens for the host countries that negatively impact their economies.
https://bankruptcyroundtable.law.harvard.edu/2024/09/24/a-tale-of-two-debt-burdens-a-day-of-reckoning-for-chinas-debt-fueled-infrastructure-development-at-home-and-abroad/ https://bankruptcyroundtable.law.harvard.edu/2024/09/24/a-ta...
https://www.gao.gov/products/gao-24-106866 https://www.gao.gov/products/gao-24-106866
https://clsbluesky.law.columbia.edu/2024/06/14/chinas-debt-fueled-infrastructure-development-faces-a-day-of-reckoning/?amp=1 https://clsbluesky.law.columbia.edu/2024/06/14/chinas-debt-f...
- meiraleal 2y agoStill much better than IMF loans, heavy debt but no real infrastructure while forcing privatization to the group of western "friends"