NZ learns the hard way, page-9

China and win-win relationship dont come together, i.e. doesnt exist anywhere. I challenge you to gimme any example of that on this universe.

Lesson not learned from Sri Lanka?

Sri Lanka's tilt toward a pro-Beijing foreign policy during Mahinda's second term as president, from 2010 to 2015, paved the way for China's rise as the island's leading banker and builder.

But the cost of borrowing from China set that debt apart. Numbers crunched by Verite Research, a Colombo-based think tank, show that the interest rates on Chinese loans averaged 3.3%, versus 0.7% for Japan's. And the maturity period averaged 18 years for Chinese debt, shorter than India's 24 years and Japan's 34 years.

https://asia.nikkei.com/Spotlight/Sri-Lanka-crisis/Sri-Lanka-meltdown-exposes-China-loan-policy-5-things-to-know

https://www.voanews.com/a/china-s-global-image-under-strain-as-sri-lanka-faces-debt-trap-/6544106.html

https://www.reuters.com/world/asia-pacific/sri-lanka-says-it-has-begun-talks-with-china-refinancing-debt-2022-04-26/