this post was submitted on 31 Dec 2023
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I could imagine China using policy demands, similar to what the IMF does, still evil. That's basically what the Belt and Road initiative is.
The BRI doesn't come with policy demands to my knowledge. It's just loans for specific infrastructure projects at better rates than what the IMF/World Bank offers. The long term goal of the project benefits China because it allows them to sell goods to countries that aren't the US and its allies, but it's more of a mutualistic relationship than the typical parasitic capitalist imperialist one.
Tell that to Sri Lanka
Okay what about the debts China cleaned off from multiple nation’s multiple times?