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© 2014 AFPChina cozies up to ASEAN with $20 billion in loans
NAYPYIDAW, Myanmar©2024 GPlusMedia Inc.
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© 2014 AFP
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Bgood41
In other word, China is buying puppet nations for China's sake. Most of these dirty monies in the name of loans and grants will be mostly pocketed by the ruling elite of those countries (eg. Cambodia with Hun Sen and his cronies). China has a culture of taking, not giving, thus employing same tactics across the globe from Asia to Africa. It is like putting a collar and leash to be pulled by communist China at their convenient time. How convenient to buy the corrupted elite instead of the mass who will see no light of these monies. Shame to the dictatorships of communist China.
John Galt
Good idea, pass off the USD to the unsuspecting.
presto345
The 20 billion loans will do little or nothing to buy China hegemony in the South China Sea.