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Peter Jacobsen
South China Morning Post
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Comments by "Peter Jacobsen" (@pjacobsen1000) on "Malaysia’s China-linked multibillion-dollar ghost town project stalled by Covid and capital curbs" video.
"Japanese loan interest is too high making Sri Lanka what it is now" According to the Sri Lanka government, Japan has consistently provided the lowest interest rate on loans of any country or bank. Some Japanese loans have interest rates as low as 0.05%. Chinese Belt and Road loans are typically provided at market rates: 5-8% "Asian Development Bank(owned by Japanese)" The Asian Development Bank is less than 16% owned by Japan. China owns 6% of the Asian Development Bank. You are ill informed.
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@leezhieng "the port is paying 15 million US dollar every 3 months to the Sri Lanka government". Hambantota Port was leased to a Chinese company for 99 years for a total of $1.15 billion. That is just under $3 million every 3 months, not $15 million.
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