That's the most saddening article I've read all day.
I can't help but agree with others in saying we've seen this from others too.
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Same playbook used by the US for years. Big states bullying little states. 😞
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China has learned from the masters at the IMF. Control them with debt while draining their natural resources.
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What factors stop those who have incurred these parasitic debts from simply not paying them?
Defaulting on these debts seems to me to be a valid solution, at least int he cases where something is not being held hostage, and/or when the price for defaulting would be paid in blood.
Bitcoin fixes this.