It seems to me that when China undertakes an infrastructure project, it goes all out. Not half-assing anything.

I was pretty blown away by the scale and ambition of the Belt and Road Initiative

> I was pretty blown away by the scale and ambition of the Belt and Road Initiative.

You can wait for the debt crisis to blow up in the next five years.

I've been waiting 5 years for 20 years now. Not a day goes by without people saying China's on the verge of collapse.

I wouldn’t be surprised if most of these large scale projects have connections to party elites thus just enriching themselves at the cost of the country’s resources.

Not half-assing anything at all. The China Development Bank underwrites foreign loan investment in infrastructure by 50%, so there's money flying everywhere.