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> There is no such thing in any deals with China Tell that to Lithuania ( delisted as a country by China), Taiwan ( a "province"), Tibet ( invaded), Hong Kong
by NicoJuicy 4y ago
> There is no such thing in any deals with China
Tell that to Lithuania ( delisted as a country by China), Taiwan ( a "province"), Tibet ( invaded), Hong Kong ( taken over), ...
Concerning debt trap. Are you aware that Africa is paying off debt for mostly Chinese workers/companies/contractors for those failed infrastructure projects? Bringing in almost no employment to Africans.
https://thediplomat.com/2022/03/how-chinas-ambitious-belt-and-road-plans-for-east-africa-came-apart/ https://thediplomat.com/2022/03/how-chinas-ambitious-belt-an...
The thing you're forgetting is that China doesn't care about the countries and their inability to pay them back. They are interested in how they are getting paid back.
Eg. Ports in Sri Lanka, Zambia, Nigeria, ...
https://www.africanliberty.org/2018/09/10/like-zambia-sri-lanka-also-handed-over-port-to-china-to-pay-off-debt/ https://www.africanliberty.org/2018/09/10/like-zambia-sri-la...
Bridge of 3,1 b$ for the Maldives - https://www.bbc.com/news/world-asia-52743072 https://www.bbc.com/news/world-asia-52743072
Angola - https://theprint.in/world/angolan-model-viewed-as-early-example-of-chinese-debt-trap-tactics/1048009/ https://theprint.in/world/angolan-model-viewed-as-early-exam...
I'm willing to wait to see how this all plays out and who is right here.
Are you?
> Angola still owes China more than USD 23 billion, mostly from oil-backed loans. With declining production, this means that most of Angola’s output is going to China, preventing Africa’s second-largest oil producer from selling its major source of income on the open market.
PS. It isn't solely Africa, but also Australia and European countries ( mostly in the east ) already decided that it's better to not be in debt with China ( and they have gotten not pleasant suprises)
https://www.dw.com/en/cracks-appear-in-chinas-new-silk-road/a-57388521 https://www.dw.com/en/cracks-appear-in-chinas-new-silk-road/...
PS. Ukraine also had a deal with China, they were even under a nuclear umbrella of China ( lol) during the "one road one belt" project. We can all see how that "protection" turned out.
https://www.wsj.com/articles/under-new-scrutiny-chinas-nuclear-pledge-to-ukraine-11647007200 https://www.wsj.com/articles/under-new-scrutiny-chinas-nucle...
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On top of this, your "links" only name 1 infrastructure project: "the Mombasa railway"...
Dare to do a sanity check?
https://www.voanews.com/a/kenya-wants-to-renegotiate-loans-for-chinese-built-railway-/6796765.html https://www.voanews.com/a/kenya-wants-to-renegotiate-loans-f...
> "It becomes impossible to be able to pay that loan by revenue that comes from the railways. And even in 50 years, it will not break even if you load the loans to the railways," Murkomen said.
Let's dig a bit deeper in the country.
https://www.wionews.com/world/kenya-discloses-loan-documents-of-chinese-built-railway-amid-looming-debt-crisis-532646 https://www.wionews.com/world/kenya-discloses-loan-documents...
> any major dispute over the railway would be decided in Beijing
https://www.ndtv.com/world-news/china-may-seize-kenyan-assets-amid-mounting-debts-report-3455850 https://www.ndtv.com/world-news/china-may-seize-kenyan-asset...
China is willing to give those countries loans to repay those Chinese loans. But they do have higher interests and shorter repay terms...
Good luck.
- unity1001 4y ago> Tell that to Lithuania ( delisted as a country by China), Taiwan ( a "province"), Tibet ( invaded), Hong Kong ( taken over) Any country is free to trade with whomever they want. Nothing happens to Lithuania for being 'delisted'. Tibet has been historically part of China like Hong Kong. And the invasion of Tibet deposed an actual serfdom regime. How is Hong Kong, a CHINESE city being taken over by China after the LEASE that the English forced them out of that city, is an argument. NONE of these are any arguments for trade deals. If you go about making such arguments, the other side that you apparently support would come up far worse. So avoid going there. ... Voice of America is a CIA trumpet and showing it as an argument for anything is an insult to dozens of countries where it has been used as a tool for coups and regime change. Not surprisingly every country in the global south is thinking totally the opposite after so many coups that were organized and trumpeted in their country by the CIA via filth like Voice of America. You people's defense of the indefensible makes the case of China far stronger. Linking VoA as a source to someone whose country suffered multiple US backed coups. That does the trick, yeah. You totally persuaded me.
- NicoJuicy 4y agoHong Kong - National Security Law ( https://www.theguardian.com/uk-news/2022/nov/24/uk-net-migration-figures-record-ons https://www.theguardian.com/uk-news/2022/nov/24/uk-net-migra... ) Delisted = immediate ban of any trade with China, since the country can't be found in software ( = trade ban) Either way, it's not my intent to pursuade you. I'll let you figure it out on your own. Which country?