https://www.economist.com/briefing/2024/08/01/chinese-firms-are-growing-rapidly-in-the-global-south

https://archive.ph/Pa6N0

  • hexaflexagonbear [he/him]
    ·
    3 months ago

    Makes sense given EU and US are acting hostile towards them. Curious if the media will cover it as some evil conspiracy.

    • EmoThugInMyPhase [he/him]
      ·
      edit-2
      3 months ago

      It is. Despite putting heavy sanctions on their vehicles, solar panels, and high-tech chips, they simultaneously shit their pants over the POSSIBILITY - not something that’s happening yet - that China will leverage with production by counter-sanctioning the west on the same products (and low tech chips) because the consequences are worse for the west than for China.

    • SevenSkalls [he/him]
      ·
      3 months ago

      Look at all these authoritarian countries. Clearly they're just trying to start some new Axis Of Evil.

    • HamManBad [he/him]
      ·
      edit-2
      3 months ago

      Marx never predicted that the proletariat could just have their own rope factories

  • CyborgMarx [any, any]
    ·
    3 months ago

    All of those countries except Kazakhstan are extremely vulnerable to US aggression

    • ☆ Yσɠƚԋσʂ ☆@lemmygrad.ml
      hexagon
      ·
      3 months ago

      The problem for US is that it's already in over its head with what's happening in Ukraine and Israel. At the end of the day, they don't have infinite resources. And as more and more countries join BRICS and realign economies away from the west, the less vulnerable they are collectively.

      • PolandIsAStateOfMind@lemmygrad.ml
        ·
        3 months ago

        Yeah but destabilisation operations and general meddling are actually quite cheap, and literally peanuts compared to war. They can afford real many of that as we can observe by the sheer number of countries where they meddle strongly enough to be visible, all at the same time, and constantly.

        • ☆ Yσɠƚԋσʂ ☆@lemmygrad.ml
          hexagon
          ·
          3 months ago

          That only works in countries that are already unstable though. Traditionally, the playbook has been to do sanctions first, create enough discontent, and then leverage it with orgs like NED to create puppet opposition. However, if countries are stable economically, that whole process can't take root in the first place. Hence why decoupling from the west is so critical.

    • CarmineCatboy2 [he/him]
      ·
      3 months ago

      The kind of aggression we are talking about at the moment is american state governments ordering chinese people and companies to sell their assets for pennies on the dollar.

      Yes, Mexico is rather vulnerable. It's an annex of the US economy. But it is a sovereign nation. There are american boots on the ground in Perú right now, and the coup government still works with China for infrastructure development. At the very least these investments mean China's export markets are less dependent on the G7. That's real de-risking.

    • BynarsAreOk [none/use name]
      ·
      3 months ago

      lol lmao even don't even look into the amount China invested into Israel in the last decade.

    • HamManBad [he/him]
      ·
      3 months ago

      Developing the forces of production in Saudi Arabia is the best way to create the conditions for the overthrow of the monarchy. I'll allow it

        • HamManBad [he/him]
          ·
          3 months ago

          So the productive forces of Saudi Arabia should not be developed? What are you arguing here comrade

          • الأرض ستبقى عربية@lemmygrad.ml
            ·
            edit-2
            3 months ago

            Your productive forces are already developed, where is your communist revolution?

            Other Arab countries that have a history of agriculture, craftsmanship and industry are far more likely to have a communist revolution. The GCC countries are very different: socially, politically and materially. We have a history of being merchants and making money through trade since ancient times. The Nabateans were so rich that anyone who could afford a tomb had one carved, not just kings. In fact one of the biggest Nabatean tombs was commissioned by a merchant. Arabs have been proto-capitalists for at least 2000 years. Islam has rules for trade, capital, investments and so on. Getting rich from resource extraction is very new for us, and agriculture and industry practically nonexistent.

            So again, I assume you are from one of the industrialized Western nations, to which I ask, where is your communist revolution? Materially and socially, you are far more ready than us.

            • HamManBad [he/him]
              ·
              3 months ago

              I didn't say it creates the conditions for communist revolution, I said it creates conditions for the overthrow of the monarchy (and other feudal relations). We haven't had to deal with a monarch here since 1776. Unfortunately you need class consciousness for communism, which is the one thing we're missing in the States. Or any conscience at all, really

              • الأرض ستبقى عربية@lemmygrad.ml
                ·
                edit-2
                3 months ago

                I would take a monarchy that gives me free stuff over whatever the US has. Got a Master's degree without a single dollar of debt. We never had feudalism, but we are still very tribal, though not as much as a hundred years ago.

                  • الأرض ستبقى عربية@lemmygrad.ml
                    ·
                    edit-2
                    3 months ago

                    No. Saudi Arabia was made up of an urban minority who lived in the cities or oases and are non-tribal, and a nomadic majority who were tribal. The tribal majority are loyal to their tribe chief, and as long as the tribe chief is loyal to the monarchy the entire tribe is loyal to the monarchy. The coup was lead by urban Hejazis who had their kingdom annexed in 1925.

                    Since then the majority of people have settled in cities, but people still identify as whether they belong to a tribe or not. Tribalism isn't as strong as it used to be but still plays a societal and privilege role, the government actually had some success in weakening tribal allegiances since it does compete with Saudi nationalism.

                    The non-tribal urban vs tribal [formerly] nomadic wedge is still a major divider in Saudi Arabia. The cultures, values and allegiances of the two populations often clash.

    • SwitchyWitchyandBitchy [she/her]
      ·
      3 months ago

      China hasn't been avoiding working with countries that are close to the US. They didn't even start avoiding working with the US until recently despite the US trying to undermine China for decades. I don't know all the pros and cons of their foreign economic policy but it is consistent.

  • 7bicycles [he/him]
    ·
    3 months ago

    Bit idea; Fall of Rome guy but for Pecunia non Olet for Chinese investments