Mereja.Forum

[Dark Energy]

Collonialism through debt is what the Chinese do best.

Introduction

China’s Belt and Road Initiative (BRI), sometimes referred to as the New Silk Road, is one of the most ambitious infrastructure projects ever conceived. Launched in 2013 by President Xi Jinping, the vast collection of development and investment initiatives was originally devised to link East Asia and Europe through physical infrastructure. In the decade since, the project has expanded to Africa, Oceania, and Latin America, significantly broadening China’s economic and political influence.

Some analysts see the project as an unsettling extension of China’s rising power, and as the costs of many of the projects have skyrocketed, opposition has grown in some countries. Meanwhile, the United States shares the concern of some in Asia that the BRI could be a Trojan horse for China-led regional development and military expansion. President Joe Biden has maintained his predecessors’ skeptical stance towards Beijing’s actions, but Washington has struggled to offer participating governments a more appealing economic vision.

China never forgives debt

[eritrea]

Debt by definition is debt and is meant to be paid back. No one forgives dept. except Russia.

[Dark Energy]

Wimp,

The Multilateral Debt Relief Initiative (MDRI) is an extension of HIPC. The MDRI was agreed following the G8's Gleneagles meeting in July 2005. It offers 100% cancellation of multilateral debts owed by HIPC countries to the World Bank, IMF and African Development Bank.[6]

One of the targets of the UN Sustainable Development Goals, specifically Goal 17, is to "assist developing countries in attaining long-term debt sustainability through coordinated policies aimed at fostering debt financing, debt relief and debt restructuring". This will help poor countries "reduce debt distress".[7]

Do you understand what is stated above ? The US and other Western developed countries have been forgiving, and cancelling debts of the sh___itty third world countries for decades led by dictators .

[Dark Energy]

https://www.brookings.edu/policy2020/vo ... reign-aid/

Foreign aid is money, technical assistance, and commodities that the United States provides to other countries in support of a common interest of the U.S. and that country. Opinion polls consistently report that Americans believe foreign aid is about 25% of the federal budget, when it is actually less than 1%. As the world’s wealthiest nation, the U.S. provides more assistance than any other country, but a smaller proportion of its gross national product (GNP) than other wealthy nations. Historically, support for foreign aid has been bipartisan.

[eritrea]

Just keep parroting what you have been told to do so. Such kind of fairytales can only been taken seriously in your Tigray and its outcome is of-course what you are observing today by your own eyes.

I know it is pointless to argue with shallow pple like yourself. So that is it for me. Don't expect any response.

Wimp,

The Multilateral Debt Relief Initiative (MDRI) is an extension of HIPC. The MDRI was agreed following the G8's Gleneagles meeting in July 2005. It offers 100% cancellation of multilateral debts owed by HIPC countries to the World Bank, IMF and African Development Bank.[6]

One of the targets of the UN Sustainable Development Goals, specifically Goal 17, is to "assist developing countries in attaining long-term debt sustainability through coordinated policies aimed at fostering debt financing, debt relief and debt restructuring". This will help poor countries "reduce debt distress".[7]

Do you understand what is stated above ? The US and other Western developed countries have been forgiving, and cancelling debts of the sh___itty third world countries for decades led by dictators .

[Dark Energy]

Wimp,

So you gave up. You surrendered. BTW, fu-cker what gave you the idea that I belong to the agame tribe !!! Shyyyyt head. While I am on it, why do you call Yourself Eritrea ? Eritrea is a country. Whimpish as you are, calling yourself Eritrea is an insult to the great people of Eritrea. Coward.