• BarqsHasBite@lemmy.world
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    1 day ago

    You know companies (owned by China) can make corporate loans. In this case the companies that make solar panels. Or a country (China in this case) can also make loans. Loans are not limited to the IMF.

    • Bloomcole@lemmy.world
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      1 day ago

      There is nothing negative about loans when it’s done fairly.
      The IMF is the opposite of that.
      Countries on the verge of disaster (often caused by the west/US wars,etc) get forced into an IMF ‘loan’ agreement.
      With a list of ‘austerity’ measures.
      They have to ‘privatize’ = sell off to western companies.
      Have their resources plundered and keep them in debt to pay huge intersets.
      It’s pure extortion.

      Just because it’s the western tactic doesn’t mean China does it as you imply.
      That’s China bad projection and cope for losing hard economically.

      • BarqsHasBite@lemmy.world
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        1 day ago

        Are you unaware that China is making deals to own everyone? You don’t have to go far to read about that. That you don’t… well get googling. I’m gonna peace out.