This is a debt trap. China basically goes to these developing nations with predatory infrastructure loans. The countries taking these loans are desperate for funding and of course are completely unable to pay back the debt, which China then seizes critical infrastructure and strategic assets owned by the host country. This woman's joy at this is positively terrifying.
And yet China has not foreclosed on even a single such infrastructure loan until now, and has always declined to exercise such foreclosure, even when they could have done so, by the letter of the contracts involved. Your “debt trap” prediction has yet to come true even a single time. LEAST “TRAPPY” DEBT TRAP EVER! 🤣😂😁
@@TheRealCaelestium the Chinese use people from their countries to built these project not the local. Moreover China has 500 million seniors citizens due in 28 years. I doubt they have enough money to pay social security for them.
The fund is only for developing countries to build road, bridges, rails, ports, and even cities!; European and the USA FYS & go away to build your military bases and biological labs!
This is a debt trap. China basically goes to these developing nations with predatory infrastructure loans. The countries taking these loans are desperate for funding and of course are completely unable to pay back the debt, which China then seizes critical infrastructure and strategic assets owned by the host country. This woman's joy at this is positively terrifying.
And yet China has not foreclosed on even a single such infrastructure loan until now, and has always declined to exercise such foreclosure, even when they could have done so, by the letter of the contracts involved. Your “debt trap” prediction has yet to come true even a single time. LEAST “TRAPPY” DEBT TRAP EVER! 🤣😂😁
The belt and road initiative benefits both China and the world🇨🇳
More countries should join in indeed!
@Mom na. at leat 100+ social credits - lol
CCP bot😂
50 cent labour
@@TheRealCaelestium the Chinese use people from their countries to built these project not the local. Moreover China has 500 million seniors citizens due in 28 years. I doubt they have enough money to pay social security for them.
Silence bot
China🇨🇳 we in Malaysia support you🇲🇾🇨🇳♥️
Long Live the BRI!
Apparently Italy disagrees
This is so funny. BRI is falling apart big time. Is this video from 2013? 😂
Who told you cnn? It is progressing with result
Silly people falling into china's trap
🇨🇳♥️
it actually missed out the northern sea route which will have the biggest impact on sea travell but depends on climate change
Your information is wrong u missed the buckle I the belt that is balochistan
Beautiful curvy lady, whats her IG? Im asking for a school project
Blink twice with you need help....
Love those national debt trap loans & good luck getting local companies yo win bids to build these projects...
The fund is only for developing countries to build road, bridges, rails, ports, and even cities!; European and the USA FYS & go away to build your military bases and biological labs!
You mean like those debt trap IMF loans?