China INDEBTING Africa With Trains! African Leaders Falling For The Trap!

It’s not a debt trap when African countries can just refuse to pay….

stop buying into western propaganda.

the whole “China is buying Africa” shit is just western countries upset that Africa no longer wants anything to do with them.
 
Doesn't Kenya have Mombassa port as collateral if they don't pay their loan back
And if Kenya says no. What are they gonna do? Take a piece of land that exists in another country? The collateral means nothing because a country can’t just come in and take the over a part of another country in 2021

on top of that, China has even forgiven loans for free to some countries.
 
And if Kenya says no. What are they gonna do? Take a piece of land that exists in another country? The collateral means nothing because a country can’t just come in and take the over a part of another country in 2021

on top of that, China has even forgiven loans for free to some countries.
That will negatively impact the country's credit rating the country won't be able to get future loans.
 

GemState

36/21
VIP
Africans don't have the capability or infrastructure to exploit their resources and develop the critical structure their country needs, and China is eager to project soft power, I don't see a disadvantage. Ethiopia's Great Renaissance Dam could not be done if not the aid of China for instance

Nobody forces these leaders to sign poor deals, all of this is consensual.
 
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Africans don't have the capability or infrastructure to exploit their resources and develop, and China is eager to project soft power, I don't see a disadvantage.

Nobody forces these leaders to sign poor deals, all of this is consensual.
The trains are not profitable. If they are ganna go in debt to the Chinese they should have done it for an energy project. Like a dam project, natural gas plant, geothermal plant.
 

GemState

36/21
VIP
The trains are not profitable. If they are ganna go in debt to the Chinese they should have done it for an energy project. Like a dam project, natural gas plant, geothermal plant.
Railroads are the most efficient transportation mode for moving goods on the earth's surface, they are critical for not only spurring economic development but providing better access to jobs and services.

You're looking at it from a perspective of a 1st world nation, when your primary mode of public transportation in Africa is relying on a variety of buses that are notoriously dangerous and unpredictable, trains are essential infrastructure.
 

repo

Bantu Liberation Movement
VIP
If you don't have natural resources, you need loans to grow your economy. So what if you can't pay it, the lenders can takeover the property but it will still be functioning and people will still use it. That will result in the economy growing overall. It's not a bad thing in my opinion. I'd rather have a country with a lot of infrastructure and a lot of debt than a country with no debt and no infrastructure. If you have debt, you are hooked into the world economy and you have leverage.
 

Aurelian

Forza Somalia!
VIP
It’s not a debt trap when African countries can just refuse to pay….

stop buying into western propaganda.

the whole “China is buying Africa” shit is just western countries upset that Africa no longer wants anything to do with them.
The international law doesn't work in mooryaan way, especially with a country like China. There contracts and so on that bending them
 
It’s not a debt trap when African countries can just refuse to pay….

stop buying into western propaganda.

the whole “China is buying Africa” shit is just western countries upset that Africa no longer wants anything to do with them.
China is overing a ridiculous amount of loans to those nations who are often led by corrupt officials who hide away the dealings from their people and the media from facing any scrutiny and

China policy towards Africans and some other nations in its investment is about China securing a safe trade route away from South China Sea by building a land route across central Asia and southern Europe and securing sea route in Indian Ocean that's why it built a navy base in Djibouti and acquired the Pakistani port Gwadar and also taken control of a Sri Lankan port on a 99 year lease after the local govt failed to pay back its debt.
 

BobSmoke

Flying over your heads
The Chinese also owns Volvo. If they decide to shut it down, Gothenburg would be way worse than Malmö as far as street shit is concerned
 

Diaspora ambassador

''Dagaalka gala'' Garaad Jaamac Garaad Cali
VIP
And if Kenya says no. What are they gonna do? Take a piece of land that exists in another country? The collateral means nothing because a country can’t just come in and take the over a part of another country in 2021

on top of that, China has even forgiven loans for free to some countries.

Well it happened in sri lanka
 

Basra

LOVE is a product of Doqoniimo mixed with lust
Let Them Eat Cake
VIP
And if Kenya says no. What are they gonna do? Take a piece of land that exists in another country? The collateral means nothing because a country can’t just come in and take the over a part of another country in 2021

on top of that, China has even forgiven loans for free to some countries.


Helloooo Crimea? Russia?

Without Almighty God-- and through God ---USA -----China and Russia would dominate the world by force


But not that being colonized does not come with its PLUS. China's has shown a govt option that is better for society. They only have to be open to religion and they will do fine. Do not police peoples religion.
 
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