CHINA Belt & Road $1.3 Trillion Debt Disaster as Majority of Projects Face Failure

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AidData is a research body from William & Mary University in Virginia and recently published a comprehensive report on China's Belt & Road initiative. 2023 is the 10 Year Anniversary of the Belt & Road Initiative which was originally billed as being designed to provide new Land & Sea Connections from China to the Rest of the World. However this Initiative developed into helping EMERGING & DEVELOPING COUNTRIES to improve ROAD, RAIL, AIR & SEA Infrastructure and to Build POWER PLANTS. China has advanced $1.34 TRILLION in Loans to HIGH RISK Countries and the majority of those loan are now in DEFAULT. In this video I provide more details of the current state of the investments made by China and discuss the options available and what the impact of all of this will be on the Chinese Economy.

For specific details please check out the CHAPTER list below.

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Chapters:
0:00 Intro
2:13 AIDDATA REPORT
2:54 BELT & ROAD INITIATIVE
4:39 CURRENCY
7:21 INTEREST RATES
9:59 COLLATERAL
11:39 REPAYMENT
13:07 DISTRESSED DEBT
15:50 CANCELLED PROJECTS
16:50 SUMMARY & CONCLUSION
25:07 JB STATUE