Presently, the belt and road program is in serious trouble simply because nations have ceased payments on the China loans. China banks are desperate for money and the loss of the loan payments on such a grand scale is extremely problematic.
The fiction of separation of the construction quality responsibility from the banks and loans has been terminated
China can’t do any thing about it.
Then there is the problem of Tofu Dreg. The quality of the road construction is bery low to extremely bad. The reason for not repaynin the loans is the construction is tofu, not concrete
The US was in deep debt when treasury secretary Alexander Hamilton helped with the Louisiana Purchase, a good investment wouldn’t you say? China is doing the same. They’ll own something. It’s not like landing on Boardwalk with a hotel o it.