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.

[–] zephyreks@lemmy.ca 15 points 1 year ago (3 children)

Extravagant projects are exactly how China got out of it's poverty hole (and, if you think about it, also how a lot of Europe recovered post-WW2 as well).

Only in the US is infrastructure condemned so strongly.

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

Extravagant projects are exactly how China got out of it’s poverty hole

Ah right I forgot those glass bridges that killed a bunch of people.

[–] zephyreks@lemmy.ca 1 points 1 year ago

Funny.

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