5 ms·
Tajikstan borders China, so they were already vulnerable to Chinese territorial claims and military action. However, this isn't the case in Africa. If some Af
by midoridensha 3y ago
Tajikstan borders China, so they were already vulnerable to Chinese territorial claims and military action.
However, this isn't the case in Africa. If some African country (esp. an inland one) decides to default on loans to China, what's China going to do? China has almost no ability to project power on a faraway continent. Of course, China could cut off trade, but just how reliant on trade with China are African nations?
- euroderf 3y agoWouldn't debts to China end up being enforced by the worldwide banking system ? It's one big inescapable machine.
- midoridensha 3y ago>Wouldn't debts to China end up being enforced by the worldwide banking system ? No. What gave you that crazy idea? The banking system is dominated by western nations; why would they care about backing up China's claims?
- euroderf 3y agoI assume that the worldwide banking system is not divided into "good creditors" and "bad creditors", it has all shades of grey. So that anyone who bucks the system is to be made into an example.