• @Twoafros
    link
    English
    8
    edit-2
    4 months ago

    More rail infrastructure in Africa is great news!

    For everyone commenting about debt traps, from an African perspective both Western debt and Chinese debt (or any type of debt) favor the creditors but Chinese loans are relatively advantages because

    (1) they tend to focus on infrastructure that the respective countries can use to their advantage as opposed to the WB or IMF loans which promote neoliberalism that has never worked in Africa (or really any other place) and push Africa in a position to only be able to provide raw materials and never be able to switch to value added products.

    (2) They push other richer countries interested in African to invest more if they want to compete with China. The US for example has made plans to invest in African infrastructure to compete with China:

    https://www.usip.org/publications/2024/03/us-plans-build-africas-infrastructure-bring-opportunities-challenges

    (3) If the debtor countries default on the loan or want to renegotiate, China (at least so far) doesn’t use its intelligence agencies and military agencies to destabilize your country or force regime change

    • @[email protected]
      link
      fedilink
      English
      4
      edit-2
      4 months ago

      Finally, a sane LW user. The amount of projection from westerners in this thread is ridiculous.

    • atro_city
      link
      fedilink
      104 months ago

      West: exploits countries, gives nothing back

      China: exploits countries, gives public transport and jobs at high price

      Western citizens: Hah! Look at those dumb countries!

      • Flying SquidM
        link
        English
        -34 months ago

        Why don’t you look into how much of Ethiopia’s GDP goes to paying back China.

        • atro_city
          link
          fedilink
          94 months ago

          Why don’t you look into how much of Africa’s resources exit the continent for Western use at a fraction of the actual price?

          Who do you think put African countries in the precarious positions they are in where they feel nearly obliged to look at seemingly better deals?

          • Flying SquidM
            link
            English
            -34 months ago

            Ethiopia isn’t giving over 10% of their GDP to Western countries.

            I know, I know, “West bad, China good.” Believe it or not, this isn’t some sort of balancing act. Both the U.S. and China can have imperialist intentions in Africa. You don’t have to defend one to condemn the other.

            • atro_city
              link
              fedilink
              44 months ago

              You didn’t grasp what I wrote. Let me spell it out for you: Bad west make Africa poor. Poor Africa want better option. Poor Africa make better deal (still bad though) with bad China. Better not always mean good.

              Do you understand now?

              • Flying SquidM
                link
                English
                24 months ago

                Okay. Sure. The better of two terrible options. Sort of like the least smelly turd.

                • atro_city
                  link
                  fedilink
                  34 months ago

                  Yep, but who’s going to give them a better option? Western citizens would have to vote for governments that don’t consider exploitation a “necessary evil” and for politicians that want enforcement of a fair trade supply chain. A prosperous Africa would mean more legal and most importantly highly skilled immigration.

                  But western citizens aren’t willing to accept higher prices for goods as a result, so they don’t vote that way. Instead it’s easier to consume indiscriminately and whine when the people living in squalor dare look for a better life abroad.

  • @CosmoNova
    link
    English
    -2
    edit-2
    4 months ago

    Tanzania and Zambia about to join the “going to find out about Chinese colonialism the hard way” club. Corruption is cancer to any society.

  • @[email protected]
    link
    fedilink
    English
    -3
    edit-2
    4 months ago

    Earlier this year, the World Bank approved US$270 million in financing to help improve connectivity between neighbours Tanzania and Zambia and boost regional trade.

    I’d love for the west to say “fuck it let China foot the bill for everything going forward” and pull out leaving the 3rd world to be used and abused by them.

    Chinese colonialism doesn’t get the press it deserves because no one cares about brown people being the victims. And China has zero fucks about human rights at home.