What They're Saying
Principal, Sok Siphana & Associates law firm
On the dominance of Chinese investment in Cambodia
"Our policy is very clear. We want to be friends with everyone. But yes… [investment] is mostly Chinese. If China slows down, [Cambodia] will also be affected. Cambodia does not want to be at the mercy of any other country, but when you’re poor, you hang out with the guy who is a bit richer."
Chinese Ambassador to Nepal
Speaking at a press conference in Kathmandu
"The debt problem of developing countries has a much longer history, so it would be unfair to blame the BRI or China for their debt problem. As a matter of fact, no country has got trapped in a debt crisis since its participation in the BRI. Quite on the contrary, it is through participating in BRI cooperation that many countries have got out of the trap of ‘no development.'"
Prime Minister of Laos
Interview with Nikkei Asian Review at the Future of Asia conference
Former President, Association of National Accountants of Nigeria
Reacting to the cost of the Chinese-built Lagos-Ibadan railway
"In many of the agreements between Nigeria and China, our country was not able to thoroughly look at the terms. This is because, in the agreements for the rail sector, you will observe that the machinery, rail tracks and almost every other thing about the rail were given to China. We’ve noticed that the tracks, bolts, nuts, machines and some good amount of labour are all coming from China.
China is coming with everything, as well as raw materials for the projects and there is no local content in the agreements. Our ministers and government got it wrong when it comes to factoring local content in the agreements. Are you saying we cannot manufacture a good number of things being used for the construction of those rail lines? Why is local content so low in the construction of the rail lines? "