China is now the world's largest official creditor https://t.co/slwBhb2mLF— The Economist (@TheEconomist) October 23, 2019
WNU Editor: The Chinese are brutal when they want to be paid back. Here is an easy prediction. Many of these countries are going to regret going into bed with China.
3 comments:
Your comment about the chinese being brutal should apply to every lender. That being IMF / EU etc. Take for example Greece and the fact that every major public owned corporation as well as land and other important assets in plain terms are mortgaged to the EU for a period of 99 years. So this is not for the chinese this is capitalism.
I was going to say, the imf are any better? Probably worst in my opinion
Good for them. do they fund Mcdonalds expansion?
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