Sri Lanka had struggled to pay its debt to Chinese firms. So in December, it handed over a strategic port and 15,000 acres of land to China on a 99-year lease.https://nyti.ms/2tyRCgw
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Now China has control of territory just a few hundred miles off the shores of its rival, India, and a strategic foothold along a critical waterwayhttps://nyti.ms/2MtYUcl
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They learned from USA. Good students!
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isn’t that similar to what was done to greece
by global banks?Thanks. Twitter will use this to make your timeline better. UndoUndo
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Extortion. You wouldn't call it anything less . India wouldn't be too happy with that arrangement . I wouldn't be if I was them .
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Belt and road might be more properly called rope and noose
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OBOR is essentially going to become China's Potter's Field
#ItsAWonderfulLife#China#BorrowingFrom5000yearsofHistoryThanks. Twitter will use this to make your timeline better. UndoUndo
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You mean like the Marshall Plan?
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There are ways of negotiating loans that doesn't include payments in kinds.
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Never in the history of the world has a nation been so bold
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By hook or by crook hang the world on China s wishes .no ??
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Like Hong Kong then.
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This is nightmare-inducing SCARY!
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