• Cowbee [he/they]@lemmy.ml
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    5 months ago

    This isn’t true though, as I elaborate on over here. China doesn’t seek to own everything, nor does it debt trap. In fact, it frequently forgives billions in debt. China’s goal in Africa is mutual, win-win development, as long term cooperation benefits everyone more greatly than western imperialism does.

    The US, Canada, Europe, etc, in being dominated by finance capital and the profit motive, are ecomomically compelled into the strategy of keeping the global south underdeveloped so as to super-exploit them for cheap labor and resources. The PRC is socialist, though, and the finance industry is dominated by the state, meaning long-term planning and mutual development is not only possible, but economically compelled.

    • BCsven@lemmy.ca
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      5 months ago

      There’s lots of other links that discount your denial of their plans and how they leverage. USA is like 5 year plan, 10 year plan. China has 100 year plan and 1000 year plan.

      • Cowbee [he/they]@lemmy.ml
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        5 months ago

        China does have long-term planning, I’m not disputing that, I’m disputing the idea that China is predatory towards the global south. These narratives are largely pushed by the west in order to scare the global south away from pivoting to China, whose mutual cooperation programs are proven to result in dramatic and rapid development.