Hope he don’t get CIAed
Isn’t Argentina America’s slave right now?
US hedgemony:
Yay?
Removed by mod
It’s the complete opposite.
- An African leader on the hypocrisy of those saying China is imperialist.
- China africa panel: if you want actual infrastructure, you go to China, not the west.
- Five imperialist myths about China’s role in Africa.
- Evo Morales - Why China and Russia aren’t imperialist, but the US is.
- Yanis Varoufakis on China’s foreign policy dealings with Greece and Africa.
- Vijay Prashad and Qiao Collective - Is China imperializing Africa?
- China has forgiven over $10B in debt, over half to Cuba, but also including > 20 African nations, Pakistan, and Cambodia.
- The chinese debt trap is a myth.
- China writes off $6M in debt to rwanda, provides another $60M in grants.
- China forgives over $78M in Cameroon debt.
- China writes off $36m Mozambican debt.
- China writes off substantial amount of Angola debt.
It’s gonna be great TV
Typical liberal brain rot fantasy. You are literally making shit up from fantasy stories and then playing them in your head and enjoying it.
The reality is that there is no Chinese debt trap and Dessalines gave you a great list of articles to read. Read them.
You are more likely to see China acting like this in insipid Canadian and 𝕌𝕊𝕠𝕟𝕚𝕒𝕟 TV shows, since you don’t have any real examples. The China debt trap is a myth cooked up by the transatlantic financial class for your gleeful consumption.
Did a little digging. Found one interesting piece from Hudson institute including an opinion piece from former head of world bank. Main points: China, and Russia to a lesser extent, are prioritizing engagement with Africa both for for economic and political purposes (large UN voting bloc). China favors market rate loans over foreign aide, article suggests they cannot afford straight aid even if they wanted to. Loans from China are denominated in dollars, so strengthening USD and increasing interest rates playing a large role in debt. African nations paying more in debt repayment than receiving in aid and economic benefit. Traditional capital markets are no use to Africa because capital is flowing to developed countries and companies that already have cash. Doesn’t seem like China wants to repossess infrastructure they built, they actually want loan repayments. China doesn’t want to take write downs because they are concerned the money will be used to repay western creditors. US foreign policy is weak in Africa, infrastructure aid would go far because would improve terms from China. It’s a far more complex situation than I had thought. I plan to do more reading on the topic so I can be better informed.
China takes write downs all the time. It has written down over $3Bn in debt and it’s restructured 5x that for countries who couldn’t afford to repay on the original terms.
When imf says aid it’s not what you mean. It means loan with strings attached.
Strings meaning the repayment terms. The issue was more about which lender is going to write down bad loans, China or the west.
Oh no way, they will tell you to nationalize assets, impose fiscal austerity and all the other things that you can hear from a corporations board room in search of records profit in the next quarter even if it means nosediving economics in 4 months.
So yep, aid is worse than loans.
I’ve yet to see any of you coming at me cite anything that isn’t a Washington think tank. Why don’t we try something other than begging Sᴏᴜᴛʜᴇʀɴ Bᴏʏ™ to use Associated Press/AFP sources, citing hardcore right wing neocon think tanks that appear first on Google search, and instead try asking Africans about what they think of China?
You don’t even know how to find that information, do you? Post-Ukraine Google has you thumbfingering RAND Corp and The New York Times into my mentions. You are one stinky boy!
I wasn’t coming at you dork.
The guy is itching for an argument on every post.
The account is 2-3 days old and is posting or commenting at least once per hour in the last 24. They posted three disparate articles with commentary in less than five minutes, so I don’t believe it is a single, real, person.
You are going to need to come back with something other than NEOCON DRIVEL if you want me to take your quest to inject 🤓🇳🇺🇦🇳🇨🇪🧐 into my discourse seriously. “Did a little digging” always seems to include the first page of search engines that had their balls chopped off by the Alliance to Secure Democracy in 2022. I don’t need live reports on your Google search journey!
Two day old sock puppet account surely doesn’t have an agenda. Focus your attention elsewhere factory troll.
My agenda is smashing that MFing 𝔖𝔥𝔞𝔯𝔢 𝔅𝔲𝔱𝔱𝔬𝔫. Get your neocon agenda, both-sidesing ass out of here.
ELI5?
https://en.wikipedia.org/wiki/Belt_and_Road_Initiative
They’re gonna accept money from China in exchange for favorable trade deals.
Nice username
Likewise
If it amounts to anything, Colombia will get infrastructure projects and we will get salty WAPO opeds
