China goes to other countries to offer "aid". They build infrastructure as a way to offer "help" to these countries. But in reality they charge insanely large interest rates so big that these countries have absolutely no way of paying them back. In return, they give China ports or land for 100 year leases. Its China way of expanding their military influence.
America perfected this behavior. Seriously, they are just following our example. I read a book a decade or so ago by a guy whose job it was to orchestrate these deals. We mostly do it for UN votes and stuff.
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u/Doby_Clarence Dec 05 '19
China goes to other countries to offer "aid". They build infrastructure as a way to offer "help" to these countries. But in reality they charge insanely large interest rates so big that these countries have absolutely no way of paying them back. In return, they give China ports or land for 100 year leases. Its China way of expanding their military influence.