> The IMF is a lender of last resort. Countries only go to it to borrow when they absolutely need money and have nowhere else to go.
This is irrelevant.
> And as a bonus, unlike the World Bank funds (which is the correct equivalent to the BRI loans), the Chinese didn’t require you to prove the economic viability of the projects, they didn’t require you to raise additional private capital for the project, and most importantly, the Chinese had absolutely no qualms about their companies personally bribing the leaders of the recipient companies tens of millions of dollars.
This is irrelevant.
> And as a bonus, unlike the World Bank funds (which is the correct equivalent to the BRI loans), the Chinese didn’t require you to prove the economic viability of the projects, they didn’t require you to raise additional private capital for the project, and most importantly, the Chinese had absolutely no qualms about their companies personally bribing the leaders of the recipient companies tens of millions of dollars.
May I ask, what is exactly your source for this? This really feels narrated. For one, IMF doesn't really invest in specific projects: https://www.imf.org/en/About/Factsheets/IMF-Lending