this post was submitted on 04 Sep 2024
25 points (90.3% liked)

World News

38969 readers
2505 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
 

cross-posted from: https://lemm.ee/post/41400491

you are viewing a single comment's thread
view the rest of the comments
[–] Twoafros@lemmy.world 8 points 2 months ago* (last edited 2 months ago) (1 children)

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

[–] Arelin@lemmy.zip 4 points 2 months ago* (last edited 2 months ago)

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