Comments on: China’s ‘Silk Road’ project runs into debt jam https://www.euractiv.com/section/china/opinion/chinas-silk-road-project-runs-into-debt-jam/ EU news and policy debates across languages Mon, 19 Nov 2018 19:49:10 +0000 hourly 1 https://wordpress.org/?v=4.9.5 By: Mike Parr https://www.euractiv.com/section/china/opinion/chinas-silk-road-project-runs-into-debt-jam/#comment-335704 Tue, 04 Sep 2018 08:01:01 +0000 https://www.euractiv.com/?post_type=opinion&p=1267457#comment-335704 China’s belt Road project could be thought of as a “pass the parcel” undertaking. In this case the parcel contains US dollars – which China possesses in abundance.

Example: “but in reality they’re lending in terms of tractors, shipments of coal, engineering services and things like that, and they ask for repayment in hard currency.” – that would be US $$$.

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