President Xi Jinping announced at the opening ceremony of the Forum on China–Africa Cooperation (FOCAC) summit in Beijing on Wednesday that China would unilaterally give all least developing countries (LDCs) zero-tariff market access for all products, making China the first major economy to take such a step. This move is part of a wide-ranging action … Continue reading China to give LDCs including 33 African countries zero-tariff treatment
It looks like the Western propaganda machine is accusing China of creating a debt trap. This thread was about the south African president saying it's not a trap but a good deal. Here's some comments.
https://lemm.ee/post/41546351/14590872
So this is a comment seeing this as good news. 10 upvotes, 13 down.
After several hundred years of Western investment which only creates slums and brothels, props up violent dictators and which leaves behind a big hole in the ground where the countries resources have been stripped, I would suggest that investment that builds railways, ports and other infrastructure, creates jobs and new markets, is like a breath of fresh air .
Response with 17 upvotes and 2 down.
Because there are no slums or brothels in China, big holes in the ground, and they have never propped up violent dictators.
13 up, 3 down
Remind me: How old is China? No poor people in Tibet or Yunnan? Burma is doing wonderfully too, I hear.
And a top comment from the thread 38 up 10 down
Person benefiting financially from deal says bad deal is good deal.
Libs on
redditlemmy the last few days have been shitting on thisi'm curious, what bullshit are they saying? not sure how you can look at this and see it as a bad thing
“See China is imperialistic! This is the same as the IMF financial-colonialism.”
I’m just guessing tho
It looks like the Western propaganda machine is accusing China of creating a debt trap. This thread was about the south African president saying it's not a trap but a good deal. Here's some comments.
https://lemm.ee/post/41546351/14590872
So this is a comment seeing this as good news. 10 upvotes, 13 down.
Response with 17 upvotes and 2 down.
13 up, 3 down
And a top comment from the thread 38 up 10 down
wow they really can do the best mental gymnastics