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skolioban t1_jdvizzw wrote

Reply to comment by AthiestMessiah in China Energy proposes $1bn floating solar farm In Zimbabwe by Wagamaga

You do realize these countries accept them because IMF and others offered even worse rates and stipulations that interfered with how they run their country? China doesn't have special mind bending powers that hypnotized these countries into taking their deal.

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Comfortable_Excuse41 t1_jdvuofm wrote

IMF, has lower interest, the problem is their stricter requirements to lend. China has higher interest loans with predatory language in their contract, but more lenient requirements. Sri Lanka is a great example of it.

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