3 ms·

"I expect the Chinese are less exploitative in their investment approach than the Europeans that acted in Africa (slavery and just outright theft was the modus

"I expect the Chinese are less exploitative in their investment approach than the Europeans that acted in Africa (slavery and just outright theft was the modus operandi for centuries), yes." This is an absurd comparison. A normal comparison of hypotheticals would be Europeans today vs. Chinese investments today. "China has 10,000 years of documented history" That's an even more absurd claim, wow! Actually it's LESS than half of your claimed period. "and this is a long game, they don't seem as interested in get rich quick schemes as some other civilizations." We're not discussing "civilizations" here, but governments. More specifically, the government of a dictatorship.

IllogicalLogic 8y ago
- Why not take the last 500 years? China's trade was quite beneficial to its trading partners, Europe's was generally not. Anything less than 100 years, I would consider noise. - China has 10,000+ years of history (adding documented was a mistake) - Chinese culture plays too big of a role in decision making to ignore it in my opinion, you may disagree.
- vezycash 8y ago
  The only thing i agree with you is this: Chinese building of African projects is CURRENTLY better than American, British, European or Worldbank loans. Loans are rarely ever used for the intended projects. Only, a minuscule part of the loaned funds are used to start the projects. The rest are split to offshore accounts, buy votes and grab more political power. Do the loaners know that loan will go to waste? Yes and they hope it does. Why? Neo-colonization & Neo-slavery - illusion of independence. Direct force is old fashioned and too costly. Subtle economic sabotage and puppetry is much better. With loans, you can threaten debtor countries to depreciate their currencies. Use your multinationals to evaporate domestic competition, stunting their competitiveness. Extract their raw materials and dictate the price. Place of corrupt individuals in key offices and more. Is China exploiting African countries? Absolutely. Ghanaian gold mining is basically Chinese. Yet, conventional loans are like carrots placed in front of a horse, pulling it just before it bites. Think Charlie brown. Chinese will build roads, bridges, airports, power plants instead of giving loans. Yes they'll give jobs to Chinese engineers but the project will be completed. - on time too. Sure Chinese milk the cow dry but it will eat and grow fatter, instead of leaner.

IllogicalLogic 8y ago

- Why not take the last 500 years? China's trade was quite beneficial to its trading partners, Europe's was generally not. Anything less than 100 years, I would consider noise. - China has 10,000+ years of history (adding documented was a mistake) - Chinese culture plays too big of a role in decision making to ignore it in my opinion, you may disagree.

vezycash 8y ago
The only thing i agree with you is this: Chinese building of African projects is CURRENTLY better than American, British, European or Worldbank loans. Loans are rarely ever used for the intended projects. Only, a minuscule part of the loaned funds are used to start the projects. The rest are split to offshore accounts, buy votes and grab more political power. Do the loaners know that loan will go to waste? Yes and they hope it does. Why? Neo-colonization & Neo-slavery - illusion of independence. Direct force is old fashioned and too costly. Subtle economic sabotage and puppetry is much better. With loans, you can threaten debtor countries to depreciate their currencies. Use your multinationals to evaporate domestic competition, stunting their competitiveness. Extract their raw materials and dictate the price. Place of corrupt individuals in key offices and more. Is China exploiting African countries? Absolutely. Ghanaian gold mining is basically Chinese. Yet, conventional loans are like carrots placed in front of a horse, pulling it just before it bites. Think Charlie brown. Chinese will build roads, bridges, airports, power plants instead of giving loans. Yes they'll give jobs to Chinese engineers but the project will be completed. - on time too. Sure Chinese milk the cow dry but it will eat and grow fatter, instead of leaner.