Posted on 09/03/2018 9:05:46 PM PDT by BenLurkin
China has promoted its massive global infrastructure plan, the Belt and Road Initiative, with dancing children singing a propaganda pop song, an animated rap and TV bedtime stories with tinkly background music on how “it helps everyone.”
“We’ll share the goodness now, the Belt and Road is how,” the children sing in a 2017 video about President Xi Jinping’s foreign policy cornerstone.
But lately the government’s big spending in Africa and elsewhere faces a growing domestic backlash, from leading academics to everyday Chinese on social media websites.
“Why is China, a country with over 100 million people who are still living below the poverty line, playing at being the flashy big-spender?” wrote an influential Tsinghua University law professor, Xu Zhangrun, in a wide-ranging critique of Xi in July. “How can such wanton generosity be allowed?”
China has pumped more than $124 billion into Africa since 2000 and on Monday offered another $60 billion while canceling the debts of some poor African nations. It has spent $500 million on Belt and Road projects in dozens of countries globally.
Speaking at a summit Monday, Xi said China's new spending in Africa would deliver tangible benefits. "China's cooperation with Africa is clearly targeted at the major bottlenecks to development. Resources for our cooperation are not to be spent on any vanity projects but in places where they count most," he said.
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CDetails of China-Africa loans are usually kept secret by both parties, but critics say the deals often involve African nations mortgaging their mineral and oil resources as collateral.
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Details of China-Africa loans are usually kept secret by both parties, but critics say the deals often involve African nations mortgaging their mineral and oil resources as collateral.
(Excerpt) Read more at latimes.com ...
What would happen if the world stopped funding Africa?
Red China has figured out that Africa can’t pay the debt, and plans to own the resources there.
Almost like buying them outright.
If white people did this, they would be lables as racists. The Chinese are lucky.
Same thing Venezuela did.
Here is an interesting on the ground video of what it is like, from both an African and Chinese perspective, to build in Africa:
Chinese can never be villified for they were at one point under the thumb of the west but invaded and occupied, they do not have the stigma as the western nations.
Strategic minerals, that’s why.
China will leave Africa as a continent of clay.
China was attempting to corner and control the earth elemental markets by controlling Africa. The belong Japanese discovery ended that decade long project...
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https://www.cnn.com/2018/04/16/asia/japan-rare-earth-metals-find-china-economy-trnd/index.html
inamitorishima Island
(CNN)A small island in the Pacific Ocean is the site of a huge discovery that could change Japan’s economic future. How huge? One economist called it a “game changer.” The researchers who helped find it said it had “tremendous potential.”
It’s mud. A whole bunch of mud — an estimated 16 million tons, to be exact. And in that mud, there are massive, “semi-infinite” stores of valuable rare earth minerals.
Rare earth minerals contain rare earth elements (located here on the periodic table) that are used in high-tech devices like smartphones, missile systems, radar devices and hybrid vehicles. For instance, yttrium, one of the metals included in this recent discovery, can be used to make camera lenses, superconductors and cell phone screens.
China was attempting to corner and control the earth elemental markets by controlling Africa. The article below explains the discovery ended that decades long project...
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https://www.cnn.com/2018/04/16/asia/japan-rare-earth-metals-find-china-economy-trnd/index.html
inamitorishima Island
(CNN)A small island in the Pacific Ocean is the site of a huge discovery that could change Japan’s economic future. How huge? One economist called it a “game changer.” The researchers who helped find it said it had “tremendous potential.”
It’s mud. A whole bunch of mud — an estimated 16 million tons, to be exact. And in that mud, there are massive, “semi-infinite” stores of valuable rare earth minerals.
Rare earth minerals contain rare earth elements (located here on the periodic table) that are used in high-tech devices like smartphones, missile systems, radar devices and hybrid vehicles. For instance, yttrium, one of the metals included in this recent discovery, can be used to make camera lenses, superconductors and cell phone screens.
China will rape Africa of natural resources (including elephant tusks and rhino horn).
The money they spend will go solely to African 'strong men', despots, and dictators.
Fueled by Chinese 'investment' in a couple decades Africa will succumb to political and despotic chaos.
China pays Chinese companies and workers with Yuan to do the jobs... but demand US Dollars for payment.
Two reasons and only two: control and revenue, not necessarily in that order. Can anyone name any other?
Red China is trying to, as you say, “plans to own the resources there”, which are considerable, esp. in Rhodesia/Zimbabwe, So. Africa, possibly Namibia, Angola, and some of western Africa.
By putting these nations in a debtor status, RC can close on them and get bases, resources, etc. to relieve the debts.
RC is doing this in Pakistan where it is going to build a city for at least 50,000 RC workers and families. Ever try to get permanent squatters out of your country with the PLA just over the border. Ain’t gonna happen.
Burma might be next on the list. India is crapping in its collective Marsala chicken pot.
So what if the Politburo sacrifices 100M people to poverty or death. Nobody would notice out of 1.6 BILLION. It would be “developmental collateral damage” and nobody with a brain would say a word.
Gee, isn’t “socialism” great?
Once we stop trading with China, get our allies to do so as well, they collapse as Africa cannot support their market needs. I truly think it is in our best interest to shut communist China sooner than later. They are our enemy, not our friend.
Those Cobalt mines are very dangerous to the children who are forced to do much of the digging, hauling and washing of found stones. They are forced by their own Black elders to crawl into tight crevices in pursuit of this mineral.
Few adults could fit into those spaces.
The Chinese don’t give a flip how the Cobalt is mined and processed, as long as it is mined, processed and transported on their schedule.
Those were all inclusive under control and revenue.
To vague.
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