CHINA is one of the best countries. Maybe not for everyone, but it' politically stable and strong economically. It is becoming stronger economically for the farmers.
If USA or big European countries what to compete with China in the next 100 years, those countries must "steal" from China. Why in China technology gets adopted so easily? It nearly happens overnight and POOF there are markets accepting contactless payments, POOF there is technology which allows you to do shopping from home and when you get to the market you go just to get your items.
Topic: China *slowly* taking over the world? - page 2. (Read 458 times)
Just a couple of quick thoughts:
- Investing is not controlling. You may participate in an investment and even gain some influence, but that does not mean that you can do anything you like (at least in developed countries)
- If you owe China a dollar, you are owned by China. If you owe China 1 Billion, you own China?
- Investing is not controlling. You may participate in an investment and even gain some influence, but that does not mean that you can do anything you like (at least in developed countries)
- If you owe China a dollar, you are owned by China. If you owe China 1 Billion, you own China?
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Who's going to be the next victim of China?
I mean China didn't force their hand to take out loans from them... It's unfair to them. Don't hate the player, hate the game
Also, No matter how you look at it, In the long run, these countries will benefit from the development of their ports. Especially Pakistan. Pakistan Can really bank from this collaboration if they play their hands right. They aren't in the trap yet iyam but they are hanging by a thread. If Pakistan can work on its local industry and bring it to "exportable" standards. They will see a crazy growth in their economy in no time.I seriously doubt that. Yes, China didn't force these countries to have the loan; however, the Chinese government is playing the game very cleverly. The bad thing is, the countries with which Chinese government is dealing are not clever enough. Eventually, they'll realize that they've been left behind in dust and this includes Pakistan (of course, it's only my opinion, I hope it doesn't happen like that!)
Quote
Who's going to be the next victim of China?
I mean China didn't force their hand to take out loans from them... It's unfair to them. Don't hate the player, hate the game
Also, No matter how you look at it, In the long run, these countries will benefit from the development of their ports. Especially Pakistan. Pakistan Can really bank from this collaboration if they play their hands right. They aren't in the trap yet iyam but they are hanging by a thread. If Pakistan can work on its local industry and bring it to "exportable" standards. They will see a crazy growth in their economy in no time.
OVERALL, THE SITUATION LOOKS HORRIFYING!
The policy of Mr. Xi, the Chinese President, is quite interesting. Find a nation across the globe that is in dire need of money, help them with the funds, and finally, in return, ask for their "best thing possible" at an extreme discount. That "best thing possible" may be a port or a big share of oil.
Take a close look at the top 10 countries with the most GDP from 1960 to 2017:
https://www.youtube.com/watch?v=wykaDgXoajc
Chinese growth after 2005 is awesome. According to the projection for the future, China will have the world's no. 1 economy by the year 2032, leaving the United States of America behind! IMO, it takes much more than just "good governance" to reach that level of greatness. It requires some grand strategies to pull out a growth like this. To me, it seems like China is actually influencing the world by going after the poor countries and buying off their "qualities" for "peanuts".
Check out the China-backed ports:
The ports like Hambantota Port of Sri Lanka, Djibouti port of Djibouti and Gwadar Port of Pakistan are now in complete control of China. Chinese can do whatever they want at these ports as Sri Lanka, Djibouti (and even whole African continent) and Pakistan have excessively been funded by China and now they're in Chinese "debt trap". Even Venezuela, looking at the short-term gain without having any long-term plan, is constant selling more and more oil shares to China.
What's next? Who's going to be the next victim of China?
The policy of Mr. Xi, the Chinese President, is quite interesting. Find a nation across the globe that is in dire need of money, help them with the funds, and finally, in return, ask for their "best thing possible" at an extreme discount. That "best thing possible" may be a port or a big share of oil.
Take a close look at the top 10 countries with the most GDP from 1960 to 2017:
https://www.youtube.com/watch?v=wykaDgXoajc
Chinese growth after 2005 is awesome. According to the projection for the future, China will have the world's no. 1 economy by the year 2032, leaving the United States of America behind! IMO, it takes much more than just "good governance" to reach that level of greatness. It requires some grand strategies to pull out a growth like this. To me, it seems like China is actually influencing the world by going after the poor countries and buying off their "qualities" for "peanuts".
Check out the China-backed ports:
The ports like Hambantota Port of Sri Lanka, Djibouti port of Djibouti and Gwadar Port of Pakistan are now in complete control of China. Chinese can do whatever they want at these ports as Sri Lanka, Djibouti (and even whole African continent) and Pakistan have excessively been funded by China and now they're in Chinese "debt trap". Even Venezuela, looking at the short-term gain without having any long-term plan, is constant selling more and more oil shares to China.
What's next? Who's going to be the next victim of China?
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