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How Jordan is stuck in billions of dollars in debt to China ...Kuwait
After four years, the Chinese mega-mart in Jordan - Dragon Mall - has closed its doors. The 160 orientally-decorated stores and office spaces could not attract the business once hoped for the $20-million-worth project - built to serve as a reflection of China’s investments in Jordan. Over the last decade, China has signed agreements for infrastructure projects in Jordan worth over $7 billion, including plans to construct a new Jordan-China university, a national railway network, and an oil pipeline to link Iraq and Jordan. But as hope for the Dragon Mall’s success has faded, so too have China’s billion-dollar promises for massive development projects, the majority left
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