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China Not Laying 'Debt Trap' in Africa
China Daily ^ | 2021-10-13 | Jonathan Clayton

Posted on 10/16/2021 10:48:24 PM PDT by nickcarraway

click here to read article


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1 posted on 10/16/2021 10:48:24 PM PDT by nickcarraway
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To: nickcarraway

Not defending China here, but I remember when Central and
South American Nations wanted to borrow from the U. S. The
U. S. gave them the loans, and then those nations trashed us
for asking to be paid back.

China won’t put up with that for long.


2 posted on 10/16/2021 11:06:08 PM PDT by DoughtyOne (Democrats, fixing things that haven't been broken, so they don't work, for over 197 years.)
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To: nickcarraway

Tokyo Rose lives on!


3 posted on 10/16/2021 11:08:27 PM PDT by dodger
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To: nickcarraway
Ah, China Daily. The official English-language mouthpiece of the CCP. A truly reliable source.

As far as whether the BRI projects in Africa are debt traps, I suggest you ask Sri Lanka:

How China Got Sri Lanka to Cough Up a Port

4 posted on 10/16/2021 11:08:40 PM PDT by markomalley (Directive 10-289 is in force)
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To: DoughtyOne
That was (I believe) called the LDC (lesser-developed-country) crisis. US banks poured billions into sovereign loans on the premise that "governments don't default.

Oops.

But in that case, it was commercial banks making the loans.

This is a case of sovereign-to-sovereign lending. In this balance of power, China will have many apologists and supporters. If Zambia makes a stink, the only one who will care is Bono.

5 posted on 10/16/2021 11:40:41 PM PDT by DoodleBob (Gravity's waiting period is about 9.8 m/s^2)
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The views don’t necessarily reflect those of China Daily.
LOL!
6 posted on 10/17/2021 12:07:10 AM PDT by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: markomalley

Can’t read the article, paywall.


7 posted on 10/17/2021 12:07:30 AM PDT by Rurudyne (Standup Philosopher)
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To: nickcarraway

Also China Daily; “China is NOT ASSHOE!”


8 posted on 10/17/2021 2:20:28 AM PDT by Caipirabob (Communists...Socialists...Fascists & AntiFa...Democrats...Traitors... Who can tell the difference?)
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To: DoughtyOne

While Russia and then the United States got played in Afghanistan now it it China’s turn. I do not think the Chi-coms will put up with too much nonsense there and will put down any and all dissent after they they invest there.


9 posted on 10/17/2021 2:41:44 AM PDT by Joe Boucher (Dementia Joe and the Whore, leaders of the Free world. ( F-you dementia Joe.))
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To: nickcarraway

Notice the byline. Propaganda piece


10 posted on 10/17/2021 4:20:17 AM PDT by rstrahan
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To: nickcarraway

China, however, must play its part in changing perceptions that it is only motivated by narrow self-interest.


Sounds like he is one of the army of CCP paid ‘influencers’.


11 posted on 10/17/2021 5:43:15 AM PDT by PIF (They came for me and mine ... now its your turn)
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To: Olog-hai

Yeah... The capper on this joke.


12 posted on 10/17/2021 6:35:01 AM PDT by Bogey78O
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To: Bogey78O

Julius Nyerere. The article does not mention the Nyerere kicked the Chinese out after completion of the railroad.


13 posted on 10/17/2021 6:40:02 AM PDT by DIRTYSECRET
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To: rstrahan; All
I have been a journalist, foreign correspondent, writer and editor for more than 40 years.

I ran Reuters East Africa bureau during the wild 1990s and was Africa correspondent for The Times of London from 2002-14. From the field, I reported on the ill-fated US intervention in Somalia (Black Hawk Down), the 1994 Rwandan genocide, the ‘Blood Diamond’ wars in Sierra Leone and Liberia, the Balkan civil wars, and Nelson Mandela’s liberation in post-apartheid South Africa and figured in several books concerning those events.

More recentIy, I reported on the 2015 refugee influx into Europe and directed coverage of the first-ever team of refugees to compete in the Rio Olympics in 2016 on behalf of the UN Refugee Agency.

I was founding Editor in Chief of the award-winning humanitarian information service, the New Humanitarian and recently set up a new reporting network focusing on emerging Jihadist and other threats to Africa. I also advise several private sector companies, think tanks, NGOs and UN organizations on their media strategies.

I am a passionate environmentalist and involved in several conservation projects around the world.
From the screedwriter’s LinkedIn page. Self-explanatory.
14 posted on 10/17/2021 9:38:34 AM PDT by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: DoughtyOne

“Not defending China here, but I remember when Central and
South American Nations wanted to borrow from the U. S.....”

Don’t worry, the World Bank has circumvented U.S. loans...

$10 Billion dollar “SGR” program under way now; graft and
corruption included in the price.

Check the “modern” Chinese built rail system in place now:
https://www.youtube.com/watch?v=_5vjfJym7yo


15 posted on 10/17/2021 10:28:03 AM PDT by guest7
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To: DoodleBob

Yeah, I believe you’re right there.


16 posted on 10/17/2021 11:09:36 AM PDT by DoughtyOne (Democrats, fixing things that haven't been broken, so they don't work, for over 197 years.)
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To: Joe Boucher

I wouldn’t be surprised to see that.

It will be interesting.


17 posted on 10/17/2021 11:11:00 AM PDT by DoughtyOne (Democrats, fixing things that haven't been broken, so they don't work, for over 197 years.)
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To: guest7

Nice rail system.

Our media will report it as on time, modern, clean, restful...


18 posted on 10/17/2021 11:43:54 AM PDT by DoughtyOne (Democrats, fixing things that haven't been broken, so they don't work, for over 197 years.)
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To: nickcarraway

Walter Duranty lives...


19 posted on 10/17/2021 12:14:11 PM PDT by DesertRhino (Dogs are called man's best friend. Moslems hate dogs. Add it up....)
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To: PIF
Sounds like he is one of the army of CCP paid ‘influencers’.

The Chinese call them "White Monkeys".

If you give them enough 'bananas' they'll say anything you want.

20 posted on 10/17/2021 12:48:30 PM PDT by Max in Utah (A nation can survive its fools, and even the ambitious. But it cannot survive treason from within.)
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