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Development Finance - The Cost of being in Debt to China

Graham Watson

4th May 2022

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What are the implications of borrowing money from China?

This BBC clip looks at the potential 'threats' that such borrowing entails - both for the workers and for the countries where China is investing, not least in relation to the possibility of getting into a 'debt trap'.

The clip looks at a Chinese investment in a copper mine in Serbia, and a tyre factory - and an EU-financed bridge in Croatia, where the bidding Chinese firm undercut EU firms by 20%.

Development Finance - The Cost of being in Debt to China
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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.

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