Nah, two are different thing. In FT article it is said
He pointed to Sri Lanka, where Chinese-backed infrastructure projects that failed to generate returns had exacerbated a severe economic crisis.
This aint a quote. This is a spin by FT.
What he did is pointing out the problem in lending & taking loans
deciding which projects to support.
we felt that Chinese authorities are not taking care of this particular aspect, which is very, very important.”
These are very practical comment, specially in light of economic situation & protest regarding fuel price. He also said
“Whichever projects are essential and are in process and will pay off as fast as possible, we’re only taking care of those,”
The reason he gave
Bangladesh’s finance minister has warned that developing countries must think twice about taking more loans through China’s Belt and Road Initiative as global inflation and slowing growth add to the strains on indebted emerging markets.
Can you really disagree with him?
One more interesting thing.
Do you notice anything weird in this?