What are the consequences of being in debt with one of the most powerful countries in the world?

Words: 165
Pages: 1
Subject: Uncategorized

Ecuador borrowed billions of dollars from China, and as part of the payment plan, China is entitled to a percentage of Ecuadors oil. In regards to this topic, I would like to raise questions such as what does this imply economically and politically for Ecuador? What are the consequences of being in debt with one of the most powerful countries in the world? How is China benefiting from this? Etc… It’s important to have a thesis and sources. Provide strong arguments Please avoid plagiarism
Google Scholar as a resource is fine

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