Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Trumpisourlastchance

China will give Syria a hand in rebuilding.


4 posted on 08/14/2018 8:29:27 AM PDT by granada
[ Post Reply | Private Reply | To 3 | View Replies ]


To: granada

China does not really “give” anybody anything.

They don’t even have a foreign aid budget.

The many construction projects they do around the world are business deals - typically predatory business deals.

Their typical project is what is called a debt trap, where they fool or bribe local Government officials to sign their country up for a Chinese project, where the Chinese do everything, including be the bank. Later the Chinese pull the carpet out from under the business and take ownership of the asset through foreclosure of the loan.

The other big scam they run, is to trade a high profile project that benefits a local politician politically, for the rights to extract natural resources - often worth hundreds or thousands of times as much.

China is by far the biggest force in the world today for corrupting Government officials. For the Government official looking to cash in on his position, China is a one stop shop, offering complete turnkey solutions to finding scams and laundering/hiding the money.


5 posted on 08/14/2018 9:11:21 AM PDT by BeauBo
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson