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

    China doesn’t operate in that way. China is a country focused on selling goods it produces, ergo it cares more to have customers. The BRI and BRICs exist purely to build up more customers, it’s neither charity nor Imperialism. Countries enter it in exchange for large infrastructural build up, in order for China to have new customers that aren’t the West, who as we observe are quite fickle to work with. As this article from The Atlantic puts it, The “Chinese Debt Trap” is a Myth.

    The IMF is absolutely to blame for requiring loan recipients to privatize their key industries for foreign plundering, and the US is the worst among the biggest lenders.

    No, I’m not being bad faith here. You’re stonewalling and relying on false assumptions, which I have already pointed out.