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Quote:Let's take the "One Belt One Road" initiative as an example. China offers to build infrastructures for poor countries. And they get to use it for export and import.
The problem is, not even the lowest lvl of labor are done by the locals. It HAS TO BE Chinese. It isn't providing job opportunities to the locals and now China basically owns that piece of land on your soil.
If you have disagreement, sure you have to pay China back 100% of the money but since you are a poor country, you don't have the money...
It isn't bad but anything China does is bad to the West due to the ongoing trade war. Sure the US took oil and rocks from poor nations in exchange for temporary aid and no one complained about them not giving the nation actual houses until now.
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Aiya just say chinese shdnt exist in this world will do. Why need to say something new everyday?
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https://www.reddit.com/r/China/s/n2mt8ufJer
Quote:pandaeye0
There is a fine line between investment and exploitation. Furthermore, Chinese investment, no matter how civilian/private as it looks, it can suddenly turn into government control for no reason (see Jack Ma). So a port investment in a pacific island can suddenly turn into an offshore military base if needed, or a technology company bought by a private chinese company can suddenly fuel hostile development.
And you simply cannot trust their commitment (see Hong Kong, and see Taiwan). They just tear the promise easily.
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PRCs may snub the loan subsidy scheme. Let c the results
https://www.scmp.com/economy/china-econo...idy-scheme
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A Balanced Sheet Recession where private sectors r so much in debt and causes economy to slow down or decline.
Quote:
It Sure Looks Like a Balance Sheet Recession in China
https://www.bloomberg.com/news/newslette...n-in-china
Omni is in my ignored list. This works well like he always bumps my post for me all the time. Thank u Omni.
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