Belt and road initiative is like , China will give you loan to create infrastructure for Chinese companies to do business, in process Chinese companies will be hired ,profit will be shared between Chinese companies and government , and govt profit will be used to pay off loan
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Overall China will gain and countries like Pakistan will suffer pain
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what does this mean? high price of money?
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Money taken in $ goes up in local currency as the $ rise. So the tax has to be raised, or the local currency gets devalued or drop. Look at Turkey. BTW, Malaysia cancelled the OBOR project.
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Dont cry wolf. We are going to be Singapore like in 5 years.
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With China, it wont happen.
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I thought they would realize it in 5-10 years but its cracking up already
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China is witty with money at the expense of guilable nations. Soon it will fall.
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Should have asked an American first. The US couldn't function without China anymore.
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Just default. It’s not like China would invade Pakistan. Oh wait, perhaps they would. China is already practicing repression of a Muslims with the Uighers.
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Same happening in SA with the Chinese,CR owns the land t t Chinese,SA sold out
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Absolutly right
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Its a american media favourite propoganda, now they r not able to control countries as china is now doing, so they will try to sprwad lies about china, grapes r sour
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We went into the Trade war because of Trump mania. The world will get mixed up. If we do not get rid of these politicians, they drag us into the abyss.
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