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.