A study that looked at more than 1,000 loans to Africa found that Chinese lenders never seized assets, never used courts to enforce payments, and never applied penalty interest rates.

☆ Yσɠƚԋσʂ ☆@lemmy.ml · 1 day ago

A study that looked at more than 1,000 loans to Africa found that Chinese lenders never seized assets, never used courts to enforce payments, and never applied penalty interest rates.

suoko · 12 hours ago

US probably learnt the lesson from UK monarchy. “I will let you think you can be as rich as me, but I will always be richer than you and I csn crush you whenever I want”. It’s not a society based on mutual help and respect, it’s more like a silent caste system, that they pretend it to be based on meritocracy. You can experience it everywhere, you just have to better open your eyes

A study that looked at more than 1,000 loans to Africa found that Chinese lenders never seized assets, never used courts to enforce payments, and never applied penalty interest rates.

A study that looked at more than 1,000 loans to Africa found that Chinese lenders never seized assets, never used courts to enforce payments, and never applied penalty interest rates.

Debt Relief with Chinese Characteristics