https://www.yahoo.com/news/china-rai...173840507.html
Chinese President Xi Jinping on Monday pledged $60 billion in financing for projects in Africa in the form of assistance, investment and loans, as China furthers efforts to link the continent's economic prospects to its own.
[...]
African nations are often happy to accept China's offers that come without demands for safeguards against corruption, waste and environmental damage.
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The mineral resources are collateral.
The jigs are happy to buy shiny things.
When they default on the loans, China takes the collateral.
Like candy from a baby.
From the article comments:
"The problem is the people. I worked for two years in the Cameroons. I had a good job and enough money. In all that time, not one native said to me, how can I get a good job and earn money. Hundreds of them said, you have money, you should GIVE me some."