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China's Costly, Troubled Energy Project Plunges Jordan into Debt Crisis

  • The Attarat power plant in Jordan was aimed at securing energy independence but has instead burdened the country with billions in debt to China.
  • The project is less crucial to Jordan's energy goals than once envisioned but has become a major enterprise under China's Belt and Road Initiative.
  • Jordan would have to repay China $8.4 billion over 30 years for electricity from the plant, causing tensions between the countries.
  • The Attarat project exemplifies China's practice of providing economically troubled countries loans that are difficult to repay.
  • Jordan has launched legal efforts to void the deal and gain debt relief from the costly project.
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