Comments by "Doncarlo" (@doujinflip) on "China Is Leaving Africa Behind" video.

  1. Chinese loans are problematic because judicious write-offs are a vital component of achieving larger developmental goals. Western lenders are at least sometimes open to debt forgiveness, unlike China who at best might delay the payment schedule but always want all of that money back.
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  2. Western lenders are at least sometimes open to debt forgiveness, unlike China who at best might delay the payment schedule but always want all of that money back. This is why Chinese loans are so toxic, because judicious write-offs are a vital component of achieving larger developmental goals.
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