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They finance projects with terms that drive business to Chinese companies. The Congo gets a highway. A Chinese construction company makes a buck. The financi
by cucumber3732842 6mo ago
They finance projects with terms that drive business to Chinese companies. The Congo gets a highway. A Chinese construction company makes a buck. The financiers make a buck. Business relationships are created and the people who get the highway use that highway to import Chinese goods.
That's how it's supposed to work, when it works. I'm sure it's gotten better with time.
https://i.kym-cdn.com/photos/images/original/001/486/992/0f8.png https://i.kym-cdn.com/photos/images/original/001/486/992/0f8...
- throwaway27448 6mo agoThe congo is basically the worst possible example you could have found for this—china notoriously doesn't invest in local infrastructure. There are literally hundreds of better examples across africa and south and central america and central asia and southeast asia.