Im scared for the countries getting caught in Chinas debt trap. With maintenance contracts being forced (for more than 90 years!), billions in outstanding loans in each country there is no way to climb out the hole. Everyone can see these extravaganza projects are not what Africa needs, but what China wants.

[–] yogthos@lemmy.ml -1 points 1 year ago (35 children)

There is no China debt trap. That's just concern trolling western trolls invented

[–] fedfedfedd@lemmy.ml -4 points 1 year ago

I like how you ignored the part in which chinese companies force the governments to sign 90+ year maintenance contracts. Convenient as it isnt part of the loan, just part of the bribery.

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