It is quite interesting the way China has shown interest in buying the bonds of countries on the brink of bankruptcy. It's a good step from China's angle to buy the debt, as it takes it a step closed to becoming super power. Once the debt is under China's belt, it will be easy for them to control the different countries. Just make so much economic sense from China's angle. This will also provide ability to China to force the countries to be favorable in importing China's goods. This was US did once, by providing loans to various countries, which in turn countries used to buy weapons from US. It's called Heads I win, Tail you loose.
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