As far as I'm aware, China has been giving loans to various countries in Africa and building infrastructure in exchange for money and maybe some stuff like recognizing Taiwan as part of China. But why do people say China is imperialist for doing this? Is there truth to it or is it another strain of radlibs eating state department propaganda?
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Yeah, I guess I get socialists being wary about that. China's loans have much lower interest rates and they frequently forgive or reduce the amount if a country can't pay. They're very different than IMF loans, which also typically have additional strings attached like requiring the privatization of parts of a country's economy.
Here's a good writeup on China's trade relations with the DRC
Quick one on Gecamines (state mining company) renegotiating contracts and the Chinese companies complying while the Western companies bitch and moan
The Deziwa (Chinese mine) agreement in comparison to the Western agreements
Example of standard Western practice in the region
:fidel-salute:
Surprisingly, mining.com has some really solid articles about this stuff