28 December 2018

Well, it worked for John Gotti

A brilliant "investment" scheme?"

Why yes, and it won't be the first time China has used it: in December 2017, the Sri Lankan government lost its Hambantota port to China for a lease period of 99 years after failing to show commitment in the payment of billions of dollars in loans.

The transfer, according to the New York Times, gave China control of the territory just a few hundred miles off the shores of rival India.