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macross1984 t1_jechr3h wrote

One of few times I agree with China here. Lending money and then trapping the borrowers with interest is techniques used by all lenders.

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[deleted] t1_jedjujx wrote

[deleted]

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Moskitokaiser t1_jedwjaa wrote

Dude the article is about us accusing china of such practices

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sigmaluckynine t1_jefeveh wrote

They are and to be fair there's truth to both sides. The way it looks on paper it looks bad, but the mechanism they've been taking leads to a conclusion it's not what anyone thinks it is.

Also, if it was a debt trap you'll have more African leaders opposed to China. That's not the case. They actually prefer to work with the Chinese than the US and more specifically European nations

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Omnipotent48 t1_jegafk6 wrote

Gee, I wonder if there's any historically contextual reasons for this? 🤔

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