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PugJesus ,

Nah. These countries are acquiring debt from China because many of these undertakings would not be underwritten by other entities. It’s not because these other entities hate having countries in their debt - it’s because of various factors that make recovery of that debt less likely. Corruption, local instability, rapidly changing governments, low ROI, etc etc etc. Or, to put it in terms of scale, “When you owe the bank a million dollars, you have a problem. When you owe the bank a billion dollars, the bank has a problem.”

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