Chinese bribery has established an untenable and highly priced dam in the jungles of Ecuador, according to a New York Times report. Other infrastructure and construction projects from China have filled the nation, racking up nigh-insurmountable debt.
Just like other countries that have fallen victim to the Chinese communist regime’s debt trap diplomacy, Ecuador equity will be paying off these debts. To repay the roughly $19 billion debt to China, Ecuador will instead give 80 percent of its petroleum exports to China, which it can then sell at a profit.
