What a complete load of Codswallop.
China: Is it burdening poor countries with unsustainable debt?
China has become a big lender to poorer countries, and there's been criticism of its approach.www.bbc.comChina then swaps debt for equity when countries can't pay:Sri Lanka, Pakistan, Maldives among 97 countries under China’s debt
Sri Lanka, Pakistan and Maldives in South Asia stand neck-deep in debt to China. Pakistan owes US$77.3 billion, while of external debt to China while the amount owed by the Maldives amounts to 31 per cent of its gross national income.www.nationthailand.com
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that's quite a turn around isn't it? what happened to denazification and demilitarisation of Ukraine? you all right there? everything's according to plan?
Tbh it should seem like a perfectly sensible suggestion to most of the real "powers" in Russia as well.Eliminating Russia in its current corrupt, rotten form seems like a perfectly sensible suggestion to me.
that's quite a turn around isn't it? what happened to denazification and demilitarisation of Ukraine? you all right there? everything's according to plan?
Utter nonsense - Still not for this thread. That's my last word on the subject.You need to take this elsewhere.
If you're going to throw out phrases like "codswallop" please take the time to read your own links...
China: Is it burdening poor countries with unsustainable debt?
China has become a big lender to poorer countries, and there's been criticism of its approach.www.bbc.com
"there are no cases, among the hundreds of loan arrangements studied by AidData and some other researchers, of Chinese state-owned lenders actually seizing a major asset in the event of a loan default.....
There's currently an initiative by G20 nations - those countries which have the largest and fastest-growing economies - to offer debt relief for poorer countries to help them deal with the impact of the pandemic.
China has joined this and says it has contributed "the highest amount of debt repayment" of any country taking part in the plan.
The World Bank says that since May 2020, a total of more than $10.3bn has been delivered in debt relief by G20 countries under this scheme."
Utter nonsense - Still not for this thread. That's my last word on the subject.