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futatorius ,

So what is China trying to extract from Zambia and Tanzania?

Alsephina ,

If it’s similar to most of the other BRI projects, Tanzania and Zambia get railways, Chinese workers get jobs, more expertise in the field, and China gets access to healthier/wealthier markets in the two countries.

ShinkanTrain ,

Money. From people buying Chinese stuff. >80 million people live in those countries

frightful_hobgoblin ,
Hirom ,

I hope Tanzania and Zambia read the fine pints on the loan/inversement agreement.

frightful_hobgoblin ,

What your Trump-supporting journalist says –

Behind the scenes is China’s reluctance to forgive debt…

In the past under such circumstances, big government lenders such as the U.S., Japan and France would work out deals to forgive some debt, with each lender disclosing clearly what they were owed and on what terms so no one would feel cheated. But China didn’t play by those rules.

The actual facts –

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