China's loans are pushing the worlds poorest countries to brink of collapse

 

China's loans pushing world’s poorest countries to brink of collapse ⁦@AP⁩ https://t.co/tbt3gxzAsn

— Noah Barkin (@noahbarkin) May 19, 2023

Interesting. Chinese don't take a shit without a plan. I'm sure this was planned for so what will be the "if you can't pay then you" on this deal? Resources? Land? Naval bases? Annexation? The weird thing is that once the UN made loans for infrastructure and such but they've faded into the background since BEFORE covid struck.

In personal life if you default on a loan then they own you.  I guess China owns alot of properties in Africa and S. America now.