• salton@lemmy.world
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      10 months ago

      Afghanistan has been known as a country with a lot of untapped mineral resources. Basically everywhere that China has invested is unstable enough where they’re very unlikely to replay much of their debt with China or pay back anything. A lot of money was spent in Russia in its energy sector and from news coming out that area of their economy isn’t flourishing.

      • scarabic@lemmy.world
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        10 months ago

        Yeah I’ve learned a little about China making loans they know will default, which then give them ownership of ports or whatever as a remedy. I think they might be a little over optimistic that these contracts will ever mean anything though. Especially in a place like Afghanistan.

      • Quokka@quokk.au
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        10 months ago

        Isn’t like the one good thing the Taliban does is banning the drug manufacturing.