Warning..! No one should take a loan from China...!?

The finance minister of bangladesh has warned that the countries of the world should not take loans from china and should think twice before taking loans. This warning of the bangladesh minister is very important when china is being accused of giving loans to many countries and then taking over those countries and getting various concessions. It has caused a stir. Many countries, including Sri Lanka, are now said to be due to the debt given by China. china announced the implementation of the Belt and Road (PR) project in 2013. The reason behind the announcement of the plan by Chinese President Xi jinping was to improve trade with Western countries, including Asian countries.
It is said that through this project, china will connect the countries of the world with their country through transport and establish road transport and sea transport from china to other countries. The key aspect of the Belt and Road Initiative is to connect ports, especially in china, with ports in other countries around the world. It plans to connect ports, airports, railway stations, and freight terminals in china with other countries by road, sea, and air. china has offered to lend large sums of money to the developing countries of the world for this project. It is also expected that the whole world will become professionally connected with China.China is lending huge sums of money to developing countries to implement this plan. bangladesh minister mustafa Kamal has said that china is showing its true face and is taking over the ports of non-paying countries when the countries that take loans for this project, which do not have the essential needs of the people, are unable to repay the loans.
Bangladesh minister mustafa Kamal has said that this is a bad type of loan and the countries that take this loan from china are facing pressure. mustafa Kamal said that we will take loans only for necessary works for our country and we are repaying the loan as quickly as possible. He said that we will say no if we give loans for unnecessary projects and we have decided on the principle that we will not take loans from china in particular. He also said that the world countries should think twice before taking loans from china, which has really made many countries think.
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Sowmiya Sriram

11/08/2022 12:15 PM