Bart Marcois: China Is Loan-Sharking Globally; Financial, Energy Security Is Remedy

A top adviser to U.S. Treasury Secretary Janet Yellen warned on Tuesday that China’s foot-dragging on debt relief could burden dozens of low- and middle-income countries with years of debt servicing problems, lower growth, and underinvestment. NTD spoke with Bart Marcois, former U.S. deputy assistant secretary of International Affairs in the Department of Energy, who said China is shark-loaning as an exercise of power.