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[–] derram 0 points 1 point 1 point (+1|-0) ago
https://archive.fo/9j0wk :
'The Fishing Port That May Become a $10 Billion Chinese Debt BombThe offer includes the participation of a Chinese state-owned investment corporation, which has proposed taking a 70 percent stake in the project. '
'Chinese infrastructure loans could be a boon to the developing world, Malpass said. '
'The Trump administration is also targeting China’s relationship with the World Bank, where the country remains a recipient of development money. '
'President Donald Trump has threatened to impose tariffs on as much as $150 billion in Chinese imports while also cracking down on the country’s investments in American businesses. '
'A May 8 statement from the fund highlighted “debt distress” in 15 African nations, but without naming China as the culprit. '
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