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I wouldn't call it a slippery slope so much as events precipitating the situation. The revolt in 1857 led to the dissolution of the East India Company and a for
by crdb 9y ago
I wouldn't call it a slippery slope so much as events precipitating the situation. The revolt in 1857 led to the dissolution of the East India Company and a formal takeover of India by the British government [1]. The British Raj lasted almost a century and could have lasted longer had the British Army and economy not been so weakened by WWII.
It will be interesting to see what happens should a country attempt to seize Chinese assets en masse. The PRC is not known for its lack of ability in the Great Game. We are still decades away from the circumstances that allowed for decolonisation movements in the mid-20th century to be successful.
[1] https://en.wikipedia.org/wiki/Government_of_India_Act_1858 https://en.wikipedia.org/wiki/Government_of_India_Act_1858
- danmaz74 9y agoThings could be more similar to what happened with US investments in South America. See for example what happened in Chile when Allende nationalized US owned copper mines...