China is not debt trapping poor African nations. We can see that this isn’t the case when we can observe countries in BRI engaging in rapid development and industrializing, and this is confirmed by China forgiving tons of debt. The goal of China isn’t to make countries reliant on them, or to earn money from debt, it’s because China gains personally through mutual development. Here are some articles debunking the “debt trap” myth:
There are many more examples I can use. China isn’t doing this out of the goodness of their own heart, but because they stand to gain from mutual development. A more developed global south means China is less reliant on the US Empire as a customer, provides new avenues to facilitate trade, and creates more markets for customers. The west harvests the global south for cheap labor and resources, and we can see hard comparisons in data between BRI participants and those imperialized by the west to see fundamentally different results.
Don’t forget that China recently removed all tariffs from Africa. Meaning goods imported to China from Africa are comparatively cheaper than from other countries, which gives Africa a leg up in competition.
Yep! I mentioned it elsewhere this thread. Removing tariffs from global south countries is a part of boosting consumption, which is one of China’s more important economic problems it needs to tackle moving forward. It’s a win-win, African countries get to export finished commodities to Chinese consumers, and Chinese consumers get more access to goods. This helps build up African industry while also improving the lives of Chinese people.
They’re turning an entire continent into a sweatshop to feed their own greed and consumerism. They learned from the best! And they’re improving on it through the strength of single party central planning.
No, they are not. China’s consumption is actually too low, which is why the CPC is taking measures to address it and lower tariffs on other countries. This helps build independence and interconnection. You’re absurdly off-base to the point of fantasy.
No? Where on Earth did you get that idea? They are focusing on raising wages and boosting consumption, lowering import fees from global south countries to help their rising industry, and are trying to boost incomes in the countryside.
Lol, Jesus dude! Are you just plagiarizing U.S. state department talking points from the mid 20th century on U.S. involvement in Southeast Asia and other places in the global south?
Nope! I’m an anti-imperialist communist that studies the world as it exists today. The global south is rapidly developing, boosted by trade and partnerships with China. Western imperialism brought stunted development to even negative development. Read the sources I linked.
I’m more knowledgeable about this that you could ever hope to be (do you see how statements like that aren’t even remotely convincing?). I’m well aware of the cherry picked information you use to support your delusion.
This is pure projection.
China is not debt trapping poor African nations. We can see that this isn’t the case when we can observe countries in BRI engaging in rapid development and industrializing, and this is confirmed by China forgiving tons of debt. The goal of China isn’t to make countries reliant on them, or to earn money from debt, it’s because China gains personally through mutual development. Here are some articles debunking the “debt trap” myth:
Five Imperialist Myths About China’s Role in Africa
China debt trap? PH an ‘expert in bad loans,’ Locsin says
Deborah Brautigam Debunks the Chinese Debt Trap Theory in New Research Paper
China’s Debt Relief for Africa: Emerging Deliberations
There are many more examples I can use. China isn’t doing this out of the goodness of their own heart, but because they stand to gain from mutual development. A more developed global south means China is less reliant on the US Empire as a customer, provides new avenues to facilitate trade, and creates more markets for customers. The west harvests the global south for cheap labor and resources, and we can see hard comparisons in data between BRI participants and those imperialized by the west to see fundamentally different results.
Don’t forget that China recently removed all tariffs from Africa. Meaning goods imported to China from Africa are comparatively cheaper than from other countries, which gives Africa a leg up in competition.
bUt ChInA iS iMpErIaLiSt
Are you saying that removing tariffs from trade with one region means you cannot otherwise be imperialist? That’s completely illogical.
Yep! I mentioned it elsewhere this thread. Removing tariffs from global south countries is a part of boosting consumption, which is one of China’s more important economic problems it needs to tackle moving forward. It’s a win-win, African countries get to export finished commodities to Chinese consumers, and Chinese consumers get more access to goods. This helps build up African industry while also improving the lives of Chinese people.
They’re turning an entire continent into a sweatshop to feed their own greed and consumerism. They learned from the best! And they’re improving on it through the strength of single party central planning.
No, they are not. China’s consumption is actually too low, which is why the CPC is taking measures to address it and lower tariffs on other countries. This helps build independence and interconnection. You’re absurdly off-base to the point of fantasy.
The measure they’re taking to address it is creating vassal states to turn into sweatshops.
No? Where on Earth did you get that idea? They are focusing on raising wages and boosting consumption, lowering import fees from global south countries to help their rising industry, and are trying to boost incomes in the countryside.
Lol, Jesus dude! Are you just plagiarizing U.S. state department talking points from the mid 20th century on U.S. involvement in Southeast Asia and other places in the global south?
Nope! I’m an anti-imperialist communist that studies the world as it exists today. The global south is rapidly developing, boosted by trade and partnerships with China. Western imperialism brought stunted development to even negative development. Read the sources I linked.
I’m more knowledgeable about this that you could ever hope to be (do you see how statements like that aren’t even remotely convincing?). I’m well aware of the cherry picked information you use to support your delusion.
If you’re so knowledgeable then why haven’t you shared any of that knowledge?
You certainly haven’t been able to demonstrate your theory here, and haven’t been able to disprove a single claim I’ve made.