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Chinese Debt, See What Nigerians Will Be To China In A Few Years Time. - Politics - Nairaland

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Chinese Debt, See What Nigerians Will Be To China In A Few Years Time. by wrightangle83(m): 10:43am On Sep 12, 2018
China is fast dominating the entire African continent, they now have a summit with Africa officially (CHINA AFRICA SUMMIT ) The main agenda of the summit is, promise for infrastructural development and loans. But we all know that nothing goes for nothing in this world. Our leaders are running away from the western economies who monitor human rights abuse, corruption and democracy stability before lending money to them. They are all embracing China, who cares less about those conditions. Liberal economist will advise you about Chinese loans and it implications, they will caution you to think twice before obtaining it. But here in Nigeria, we are so blinded by sweet talks to the extent of swapping our currency with China, yet we are so entangled with Chinese debt all around our neck. China has officially taken over a Sea port in SRI LANKA for 99 years and an Air Port in ZIMBABWE because of debt.
Nigeria is even the worst, because our main stay of the economy oil, is fast loosing is relevance in the world. We owe the Chinese more than those countries put together, and our currency has been swapped with theirs. If we continue to borrow our feature away from China, we will end up as slaves to them in a few years time.

Re: Chinese Debt, See What Nigerians Will Be To China In A Few Years Time. by neonly: 10:50am On Sep 12, 2018
Let hold man responsible for dis shit

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