China might seize land from tiny Montenegro to repay a debt

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China might seize land from the tiny country of Montenegro to repay a billion-dollar debt for a highway built to nowhere.

It was supposed to go for 270 miles but only went 100.

China Road and Bridge Corporation, the state-owned company which is building the bridge with imported Chinese workers, has not yet finished constructing the first section of the 270-mile highway to the Serbian capital, Belgrade.

The first installment on a $1 billion loan from China’s state bank is due this month, but it’s unclear whether Montenegro, whose debt has soared to more than double its GDP because of the project, will be able to pay it back.

A copy of the loan contract reviewed by NPR shows that if Montenegro misses the deadline, Beijing has the right to seize land inside the country – as long as it doesn’t belong to the military or is used for diplomatic purposes.

It sounds like Calfornia’s train to nowhere project. We have billions of dollars worth more of those projects planned.


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jpacord
3 years ago

DJT has declared the USA and all other nations injured by the CCP Virus,and I’m sure that includes little Montenegro, are owed reparations and can start collecting by cancelling all debt to the ChiComs. Perhaps, Montenegro should adopt Trumps suggestion? It would set a good precedent and other nations would follow.

El Aguila
El Aguila
3 years ago

Joe wants happytalk only because he knows America won’t exist this time next year. Now that the NWO (CCP) is complete, America will be tossed aside. They know that the bitter clingers, deplorables, smelly CCP-Mart people will put up a fight which is why they are targeted as terrorists. Enjoy this one and never forget WAR is the answer. WWII… Read more »

GuvGeek
GuvGeek
3 years ago

The CCP knows Traitor Joe is a Puppet and Heels Up Harris is totally incompetent. If the CCP pushes hard enough they know they can create a Constitutional Crisis that will force the US to have a string of Accidents involving the the line of succession to the President because there is no one in the line of succession able,… Read more »

rumours of WAR
rumours of WAR
3 years ago

China is potentially expanding its missile silos following satellite image analysis – indicating the country is also seeking to increase its nuclear weapon stockpile. At least 119 potential silos were identified in the desert in Gansu Province spread over 700-square-miles to increase their nuclear arsenal which is estimated to be made up of between 250 to 315 nuclear weapons. It… Read more »

Mutant Ryeff
Mutant Ryeff
3 years ago

China then owns the USA

The Sword In the Stone
The Sword In the Stone
3 years ago

BTW-When Joe stated that he doesn’t work for the American people it was another Freudian Slip as he works for Beijing.

Merlin In the Land Of Dreams
Merlin In the Land Of Dreams
3 years ago

Xi laughs and says I pwn you Baizuo.
His comment the other day about you mess with China and you get your head bloodied, is that about the fellow traveler unity in burning it all down?