>> Some will proclaim "But they'll owe China! That won't end well!"
That's being "proclaimed" in that case because there's increasing and obvious evidence of that country's government using debt being to control governments, political decisions and societies:
- https://www.nytimes.com/2018/06/25/world/asia/china-sri-lank...
- https://www.theatlantic.com/international/archive/2018/02/re...
- https://www.abc.net.au/news/2018-11-16/are-china-cheap-loans...
- https://www.washingtonpost.com/news/global-opinions/wp/2018/...
- https://qz.com/1223768/china-debt-trap-these-eight-countries...