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I've read that China is building massive infrastructure in Africa[1]. Are they doing this to have other sources of export? Think about this, America may eventua
by vxxzy 9y ago
I've read that China is building massive infrastructure in Africa[1]. Are they doing this to have other sources of export? Think about this, America may eventually lessen consumption and as such, China will need some way to pay back/down debts. We may see China unload and drop US treasury notes when/if American consumption slows/halts. If China has other markets to consume their exports, then they will be safe. Does this scenario seem realistic?
[1] https://www.fastcompany.com/3050167/in-africa-chinese-developers-are-building-a-mini-china https://www.fastcompany.com/3050167/in-africa-chinese-develo...
- swuecho 9y agoobviously.