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21,031 Views ā€¢ Mar 27, 2024 ā€¢ Click to toggle off description
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Uploaded At Mar 27, 2024 ^^


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Rating : 4.557 (73/586 LTDR)

88.92% of the users lieked the video!!
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User score: 83.38- Overwhelmingly Positive

RYD date created : 2024-04-18T14:38:28.578388Z
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YouTube Comments - 97 Comments

Top Comments of this video!! :3

@ibrahimn22

5 months ago

Without a plan to pay back what you borrowed you will struggle to pay back the loan .

16 |

@lawrencengu9505

5 months ago

China's condition is you have to pay back the loan with the agreed interest rate. It is not free. It is wrong and misleading to say the loan was without any Condition.

39 |

@kakistocracyusa

5 months ago

I always think of benevolence whenever combining the CCCP with vulture capital.

3 |

@ibaadk5633

5 months ago

She looks like Elon musk if he was Chinese and a lady, she even speaks like him.

21 |

@kontrygrll01amerika54

5 months ago

China's conditions is you have to sign over certain physical assets, dams, property, etc when you fail to pay the loan on time.

This is in effect making African countries and others become sub-nations under the control of China.

China knows these countries will not be able to pay back the loans, so all they have to do is wait a short period of time when the loans are criminal banking activity.

1 |

@MC_heart4

5 months ago

ā€œChina comes in, says we are going to do these things, And thatā€™s itā€ how is this person taken seriously Lol

37 |

@dyrectory_com

5 months ago

This is the situation. Countries that want loans for whatever, usually its for infrastructure development have choices to get their loans from: IMF, China, European countries, Russia, various rich Middle East countries. However, countries that want infrastructure development will choose the best option available. They are not being force to take a loan from a particular country, they are not forced to use that money to build something they don't want, and lastly, it's not written with conditions such as if you default from your loan, you'll have to cut social spending, sell off your right to natural resources , or privitize what your country owns, etc.

4 |

@skg901

5 months ago

The loan amount will NOT go to the borrower.
It'll go to the Chinese company who is building a shoddy infra just to circulate the money back selling sub standard projects and bad materials.

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@daakudaddy5453

5 months ago

IMF is not taking over soverignty of any country, but advocating and ensuring fiscal discipline. Nothing srong in that.

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@daakudaddy5453

5 months ago

China's conditions are that:
1) A heavy interest rate must be paid
2) All contracts from the money to be given to Chinese companies (so if you take the money to build a bridge, the bridge will be built by a Chinese company). This way, the money effectively goes back into China immediately, and it comfortably receives interest while increasing its export.
3) In case of failure to pay back, China takes control of the property.

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@Eric-x7v

5 months ago

No strings attached, but vote the way we tell you at th UN, give us ownership of your ports, allow us to build military bases and infrastructure in your country and never question us.

11 |

@wongalbert416

5 months ago

Borrowing lunch money from a bully and contractually obligated to use that money to buy lunch from the same bully doesn't sound like a better offer

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@ArabicReja973

5 months ago

Who would be in their right mind to believe in what a China's šŸ‡ØšŸ‡³ mouthpiece has just sai

5 |

@TechToWatch

5 months ago

Sri Lanka and countries in Africa have learned that the Chinese money isn't expected to be paid back, in which take the lender forfeits the assets China built, and more if necessary. But for politicians with an urgent need for cash and a railway or a port and believing the projected return on a project that will takes years to complete and then fail, is a tempting offer. The IMF expects the money to be invested at the start to be purposeful and matched by rational government spending in other areas which is difficult for politicians buying short term loyalty. Needing an IMF loan at all is an indicator of poor governance.

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@KieranKelly-o9s

1 month ago

Saying that China puts no conditions on investment will come as a shock to Sri Lanka and numerous countries in Africa which makes me question the veracity and/or gullibility of this woman!

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@glynnwright1699

5 months ago

China's terms for loans are prohibited for OECD member countries. The prohibitions are there to protect the recipients; China brings in the entire workforce, materials and machinery for infrastructure projects, there is minimal redistribution of wealth amongst the recipient population.

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@Senku_Ishigami_1

5 months ago

Taking a Chinese loan is like writing a self Enslavement contract....

Almost all countries that have chinese investments as loans face massive economic bankruptcy with zero to negative development. Example - Srilanka, Maldives, Pakistan, etc....

16 |

@susanb4816

5 months ago

ā€œThis is what weā€™re gonna do with itā€means ā€œconditionalitiesā€

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@Enigma-h8j

4 months ago

Ronnie Cray also said that.

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@danmoreman954

4 months ago

Do Bhutan, The Philippines and Vietnam get to keep their sovereignty while dealing with China because I donā€™t think Xi got that memo

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