Chinese give 60bln to corrupt Africans

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Chinese government gives 60 bln for “financial aid”
Chinese are smart people they build up their country outsmarted the cadaans and now are colonising Africa. China is the world leader.

 

.279

VIP
They saw all this talk about "debt trap" and don't want to look like predators. Fat boy guelleh will still find a way to f*ck this up, just wait on it
 

MadNomad

As i live and breathe
Just wait until Chinese workers start settling in Somalia at some point, and then proceed to impregnate Somali women en masse. It's already happening in many parts of Africa, like Uganda. :siilaanyolaugh:



China will make Africa its . I suppose that's what you get for inviting them in. It's not like Africans can run shit on their own. :manny:
 

Basra

LOVE is a product of Doqoniimo mixed with lust
Let Them Eat Cake
VIP
I wonder if the Chinese people will be the beauty standard of the world in the future :hmm:


When that happens i want to be buried in
6818.jpg
 

Basra

LOVE is a product of Doqoniimo mixed with lust
Let Them Eat Cake
VIP
Chinese government gives 60 bln for “financial aid”
Chinese are smart people they build up their country outsmarted the cadaans and now are colonising Africa. China is the world leader.



I think Chinas goal is to make the world rise up in global market so that there will be competition enough to diminish the power of our US DOLLAR. But God did not say so! Africans have an inherit corruption and brainless souls that make them really a mercy to the white people. I do not forsee Africans ever reaching a point where they are a free, western style democratic nations with first word prosperity.
 

Dalmoor

Hiatus✅ 1/18/21- ?
VIP
Chinese government gives 60 bln for “financial aid”
Chinese are smart people they build up their country outsmarted the cadaans and now are colonising Africa. China is the world leader.

Nicely done title :yacadiim:
 
Chinese men will marry darod women. If you don't believe me, just look at Iman, Ayan Hersi, Sabrina, etc....
And the new sub-clan of Chirod will emerge.
 

YourBroMoe

Who the fuck am I? ギくェズー
Chinese men will marry darod women. If you don't believe me, just look at Iman, Ayan Hersi, Sabrina, etc....
And the new sub-clan of Chirod will emerge.
What a time to be alive for this Darod man. My kids and nephews/nieces will all greet me with Ni How Ma. I can hardly wait buddy. :umad:
 

Karim

I could agree with you but then we’d both be wrong
HALYEEY
VIP
We will gladly take our portion of the aid but we should never accept any loans from China. It will cripple us and make us slaves.
 

Ras

It's all so tiresome
VIP
We will gladly take our portion of the aid but we should never accept any loans from China. It will cripple us and make us slaves.

& Aid doesn't?

Aid makes you more of a slave than debt.

Try being independent when your leaders stopped relying on their citizens for tax but instead focus on appeasing their donors.
 

Karim

I could agree with you but then we’d both be wrong
HALYEEY
VIP
& Aid doesn't?

Aid makes you more of a slave than debt.

Try being independent when your leaders stopped relying on their citizens for tax but instead focus on appeasing their donors.
Aid and loans are not the same. Aid is a gift... People will judge you for being weak aid recipient but loans are dangerous. Failure of repaying loans owed can make you lose your main national assets like Ports and Airports. Sri Lanka is a great example of that.
 

Ras

It's all so tiresome
VIP
@RasCanjero look at what's happening to Montenegro. They took a big loan from China to build a big highway to their main port. The Montenegro PM raised his concerns of losing huge portion of their 'land' to China if they don't pay the loans owed on time.
https://www.reuters.com/article/us-...ay-to-nowhere-haunts-montenegro-idUSKBN1K60QX


Loans have overt dangers but aid has a more nefarious hidden danger.

Loans are business transactions which usually are transparent (to the extent African government transactions are).

However, gifts are usually transfered through ambiguous terms and vehicles where the ones getting the benefits are actually connected contractors working with China and the rest gets embezzled by the local African leaders through the local overpriced materials and logistics suppliers that they control.

This type of corruption essentially holds our government hostage through these untraceable gifts that corrupt whole institutions from within.

In Africa, there's less stigma when it comes to skimming of the top of foreign aid compared to putting the country into debt before running off with the money.

The AU itself would applaud the former while the latter would be unacceptable even in Africa.


Debts could be defaulted but you can't change a corrupted politician back.

Also debt bring accountability and a sense of ownership to the projects they were meant for.

If we're paying for it then we'll more likely make the most out of the investment.

I also doubt China would actually own anything in Somalia should we fail to pay our debts (although we should).
 
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