with little or no exposure to the kind of public scrutiny that Western governments, multilateral institutions and private banks generally accept when making loans.With their commodity exports plummeting amid the global economic crash, debtors to China in Africa and Asia may soon be faced with a horrible choice: Impoverish their people to pay debt service to China or default and forfeit key national assets, which they posted as collateral to Beijing.
The world’s public and private sector institutions can only guess at the scope and consequences of this problem without clear information about who owes China how much and on what terms.The origins of China’s overseas lending spree lie in its need to find profitable uses for its vast reserves of dollar export earnings while also seeking to gain political influence in strategic, resource-rich regions of the world.
Now the Chinese Communist Party kindly says cooperation. They conceal the disease and export the virus to bring disaster to mankind! The CCP is the public enemy of mankind! This is worth serious thinking for everyone!
and now 3 million Uighurs are being held in concentration camps. They are called training schools! In January, the United States repeatedly demanded to send experts to understand the situation and cooperate, but was refused.
History once again proves that the CCP has never told the truth! In the 1950s, the humanitarian disaster that caused 60 million starvation deaths was called natural disasters, the 10-year massacre they called the Cultural Revolution,