Bangladesh reassesses its Belt and Road Initiative strategy with China as the US offers a new alternative

[VkdIndian]

Who are you trying to fool

Definitely not you. Since you are already a fool.

A fool is already a fool and doesn’t need to be fooled again and again.

3. poor fiscal management and corruption by the Sri Lankans is the root cause of the country's debt burden.

It’s true that the Sri Lanka is responsible for the mess they are in, but China was complicit too.

China didn’t give a plain simple loan but was in fact a shark lender. A lender who gives loan with an ulterior motive of bigger gains. China gave the loan for the port and also took all the contracts for the development of the same. While giving a loan of this scale, China was fully aware of its economical viability, but went ahead so as to get the port under its control later.

 

[etylo]

Definitely not you. Since you are already a fool.

A fool is already a fool and doesn’t need to be fooled again and again.


It’s true that the Sri Lanka is responsible for the mess they are in, but China was complicit too.

China didn’t give a plain simple loan but was in fact a shark lender. A lender who gives loan with an ulterior motive of bigger gains. China gave the loan for the port and also took all the contracts for the development of the same. While giving a loan of this scale, China was fully aware of its economical viability, but went ahead so as to get the port under its control later.

What a fool come out from fools paradise shithole to pollute and shit on my post, just get lost from my post, I have no time for you such shameless fool.

 

[VkdIndian]

What a fool come out from fools paradise shithole to pollute and shit on my post, just get lost from my post, I have no time for you such shameless fool.

What are you saying? Learn to write meaningful sentences.

Oh, I forgot that I was taking to a fool.

 

[etylo]

What are you saying? Learn to write meaningful sentences.

Oh, I forgot that I was taking to a fool.

Fool, you can indulge in your shithole English as much as you want, nothing concerns me.

 

[VkdIndian]

shithole English

Not mine but yours. Look at your language.

 

[etylo]

Not mine but yours. Look at your language.

Shithole English is speaking in shithole country, period.

 

[dbc]

That is what I am saying in my comment, SL is not a victim of so called Chinese Debt Trap you like to characterize as in your previous posts, it has more to do with your high interest large amount Western loans to SL instead, you all out Yankee cheerleader just coveniently ignore such findings of the article in your previous comment and try to blame SL financial problem on China, shame on you.

why do you keep making $hit up? It's Sovereign Bonds issued by Sri Lanka and not loans granted by anyone that pushed Sri Lanka over the edge. Anyone, anywhere in the world can buy sovereign bonds issued by a state. Sovereign bonds represent 47% of Sri Lanka's debt, followed by China at 20%.

Sri Lankan borrowing from IMF, WB and ADB etc are all at between 2 and 3% interest.

 

[bluesky]

It's capitalism and global trade, where it private corporations go to sellers that provide the best product for their money.

Yes. And capitalism is what propels the economic development of a poor country like BD. America and Western Europe are helping BD benefited from working hard in the production lines of industrial goods that the Western countries need.

Nothing is free in a Capitalist society. People have to give long hours to produce goods. The alternative Socialist system does not propel people to work hard.

There are no short-cut routes to develop.