True, but I think it’s more important to look at the smaller player here. It’s like a giant company sending you something free of charge just because. It’s nothing for them, but still a very nice gesture.
Also, yeah, the math was critically wrong. I’m aware.
Maybe for rich countries. Sudan’s GDP is $44.69 billion as of 2026. $50 million is more than 1% of its GDP. That’s a lot more than nothing.
Can you imagine some country forgiving France a debt 1% of its GDP? That’d be over $30 billion.
It’s nothing for Beijing.
Also millions are 1000 times smaller than billions, not 100 times
True, but I think it’s more important to look at the smaller player here. It’s like a giant company sending you something free of charge just because. It’s nothing for them, but still a very nice gesture.
Also, yeah, the math was critically wrong. I’m aware.
1% of $44.69 billion is $446.9 million
Very true. It’s 0.01% and not 1%. My bad. Still not an insignificant sum of money for a poorer country.
Edit: added missing zero, so that it’s actually correct this time. Third time’s the charm.