
China’s Massive Belt and Road Initiative
China’s colossal infrastructure investments may usher in a new era of trade and growth for economies in Asia and beyond. But skeptics worry that China is laying a debt trap for borrowing governments.
A really inciteful and scary read about Chinas tentacle spread around the world regards to BRI
Key take aways
China’s overall ambition for the BRI is staggering. To date, 147 countries—accounting for two-thirds of the world’s population and 40 percent of global GDP—have signed on to projects or indicated an interest in doing so.....
In total, China has already spent an estimated $1 trillion on such efforts.....
Xi has promoted a vision of a more assertive China, even as the country’s outstanding loans have grown to the equivalent of over a quarter of its GDP......
A 2021 study [PDF] analyzed over one hundred debt financing contracts China signed with foreign governments and found that the contracts often contain clauses that restrict restructuring with the group of twenty-two major creditor nations known as the “Paris Club.”.......



China also frequently retains the right to demand repayment at any time, giving Beijing the ability to use funding as a tool to enforce Chinese hot button issues such as Taiwan or the treatment of Uyghurs......
Some European countries have been more critical. French President Emmanuel Macron has urged prudence, suggesting during a 2018 trip to China that the BRI could make partner countries “vassal states.”......
Some other facts relating to Africa in general plus the congo.
China has become Africa's biggest bilateral lender, holding over $73 billion of Africa's debt in 2020 and almost $9 billion of private debt....
Data from the World Bank shows that 49 African countries owe 39% of their debt to multilateral institutions, 35% to private creditors (excluding Chinese private creditors), and 12% of the debt burden on the continent is owed to China and Chinese lenders.16 Feb 2023.......
According to official figures from the Chinese embassy, there are 5,000 Chinese living in the DR Congo, though the actual number is believed to be far higher. More recent estimates vary from 5,000 to 50,000.....
Yes, China influence spreads far and wide , especially with Africa / DRC and now it has spread to Manono.
Could it be that China , under the guise of Zijin is threatening the pissant weak FT govt, that if their " HOT BUTTON " issue of Manono is not given to them, then they may call up DRC debt to be repaid in full ASAP and / or their neighbouring states..
So how could the DRC counter that you say ?
Enter the USA.
Food for thought.
imo