[DoughtyOne]

Not defending China here, but I remember when Central and
South American Nations wanted to borrow from the U. S. The
U. S. gave them the loans, and then those nations trashed us
for asking to be paid back.

China won’t put up with that for long.

[DoodleBob]

That was (I believe) called the LDC (lesser-developed-country) crisis. US banks poured billions into sovereign loans on the premise that "governments don't default.

Oops.

But in that case, it was commercial banks making the loans.

This is a case of sovereign-to-sovereign lending. In this balance of power, China will have many apologists and supporters. If Zambia makes a stink, the only one who will care is Bono.

[Joe Boucher]

While Russia and then the United States got played in Afghanistan now it it China’s turn. I do not think the Chi-coms will put up with too much nonsense there and will put down any and all dissent after they they invest there.

[guest7]

“Not defending China here, but I remember when Central and
South American Nations wanted to borrow from the U. S.....”

Don’t worry, the World Bank has circumvented U.S. loans...

$10 Billion dollar “SGR” program under way now; graft and
corruption included in the price.

Check the “modern” Chinese built rail system in place now:
https://www.youtube.com/watch?v=_5vjfJym7yo