China’s share of global GDP has increased from 3.6% in 2000 to 17.8% in 2019 and will continue to grow, the CEBR said. It would pass the per capita threshold of $12,536 (£9,215) to become a high-income country by 2023.

absolutely insane

      • CEO_of_TrainGang [he/him]
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        4 years ago

        Offering African countries loans on significantly fairer terms than they could get ever get from the IMF is bullying now

          • CEO_of_TrainGang [he/him]
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            4 years ago

            Thinking that China is a net good for the world isn’t the same as thinking China is a perfect socialist utopia, and your attempt to conflate those two is insanely disingenuous

            When Western governments/companies do business in Africa, they do so knowing that they have the IMF and the World Bank behind them to pressure those countries into accepting their terms. China literally just doesn’t have that leverage, they couldn’t be “imperialist” even if they wanted to

          • weshallovercum [any]
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            4 years ago

            I only look at actions, not at words. China doesnt invade other countries, they dont involve in the internal affairs of other countries, they dont engage in unequal exchange and exploitative trade relations. They are a million times better than the US in this regard. They also have a government that genuinely cares about the people, they implement social programs despite there not being any necessity or pressure applied on the government. Imagine that, in the West it is only the unions and political struggle that generate concessions to the working class. In China the government gives social benefits by themselves. There is a massive fucking difference.

            Honestly, the jury is still out on whether China is actually going to move towards socialism, but based on their actual actions so far, their rise is a net positive to the entire world.

                  • weshallovercum [any]
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                    4 years ago

                    Define imperialism? More Tibetans live outside Tibet than in Tibet. When there is completely free flow of capital and labour between two societies, it is by definition not a colony. How is Hong Kong imperialism? Hong Kong was a British colony before they were given back to China. It is the opposite of imperialism. Taiwan?? That is even more inexplicable, Taiwan is a sovereign nation. What exactly is China doing to Taiwan that makes it imperialism?

                  • itsPina [he/him, she/her]
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                    4 years ago

                    IDK if you like Parenti but I found this article pretty eye opening: http://www.michaelparenti.org/Tibet.html

              • weshallovercum [any]
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                4 years ago

                Please give the list. This is a place for constructive discussion, don't take it as a debate. I'm saying this in good faith because a large portion of the left has internalized State Dept. propaganda and it's always useful to offer a different perspective.

                  • JorgeWBush [he/him]
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                    4 years ago

                    Speaking as a nigerian person,the situation with Afrika is more nuanced than that.

                    Countries are seeing more real development in a few decades than they had in an epoch of european occupation.

                    Speaking to people on the ground about china, the primary complaint people had was that when building rail they use their own engineers, while the locals are largely relegated to the menial labor.

                    It doesn't exactly fill me with joy to see the petrostate taking on more foreign debt for development, but at the very least this way we are a lot more likely to avoid additional "structural readjustment".

                    Nigeria in particular seems like an odd hill to die on for "chinese imperialism" given that the country's northern region are currently occupied by US special forces.

                  • weshallovercum [any]
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                    4 years ago

                    Alright, can you explain what China is doing in those countries that makes it imperialism? And can you also define imperialism?

                  • KamalaHarrisPOTUS [he/him]
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                    4 years ago

                    ok thats a good first step, a list of country's , now how is China bullying them?

                    https://www.bloomberg.com/opinion/articles/2020-12-18/china-s-belt-and-road-project-reveals-a-key-economic-weakness

                    In Africa, many African countries (great writing there bloomberg) eagerly accepted the loans that China’s state-owned financial system offered: But this turned out to be a poisoned chalice — many of the projects that China financed were not well-thought-out, leading to a predictable wave of defaults. Many countries in Africa and elsewhere are now asking for debt relief, and it looks like China is going to take significant losses.

                    Is this source imperialist pilled enough for you?

                    I know there's a lot of editorializing arounf the actual reporting saying china bad but you really need to look at the facts presented my friend.

                  • KamalaHarrisPOTUS [he/him]
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                    4 years ago

                    the Congo

                    fyi that is not the pref. nomenclature in english

                    theres the Democratic Republic of the Congo (Zaire), where US/Belgian backed death squads murdered Patrice Lumumba

                    and the Republic of Congo