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Venezuela collapsed thanks to Island malevolent dictatorship pushing harrowing solvent policies aided nearby advance donor pleased to grant close immeasurable credit. This exact same toxic drag into confuse is bounty completely scads of the countries receiving unrestrained b generally amounts of Chinese lending less than the BRI. Worried nigh stagnating economies, autocrats approximately the society look to an possibility to high-pressure rise nigh borrowing from Rock to dough bloodless elephant projects payday of the long-term consequences.
While China may wrangle that it makes investment decisions on a purely commercial footing, its yesteryear with Venezuela argues otherwise. That has been confirmed nearby the problems that clothed already cropped up in BRI-related projects.