Yeah, China has a lot of projects in developing countries which include zero debt, but instead they take direct ownership on major pieces of infrastructure for long periods of time (50 - 100 years) and then also own all of the profits. On top of that, they insist that they bring and use their own workforce only. In my opinion it’s worse than debt, since you end up with a foreign government owning infrastructure in your country - highways, energy grids.
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Yeah, China has a lot of projects in developing countries which include zero debt, but instead they take direct ownership on major pieces of infrastructure for long periods of time (50 - 100 years) and then also own all of the profits. On top of that, they insist that they bring and use their own workforce only. In my opinion it’s worse than debt, since you end up with a foreign government owning infrastructure in your country - highways, energy grids.