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Chinese may take over Mombasa port: Ouko

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11–20 of 266 posts

Re: Chinese may take over Mombasa port: Ouko

#11

If I think "why would China go to Africa instead of poor areas of China?" my first thought is "what they're doing in Africa doesn't help Africa".

Eh. Who knows. More economic activity usually helps. It's how the people react to it, it's very behavioral. I'll say that for asians usually if they do the same thing in Asia it has positive consequences.

Re: Chinese may take over Mombasa port: Ouko

#12

If I think "why would China go to Africa instead of poor areas of China?" my first thought is "what they're doing in Africa doesn't help Africa".

Honestly, it's probably because this port has a higher projected ROI than some poor area of China.

Re: Chinese may take over Mombasa port: Ouko

#13
post #4

There were several stories a few months ago about how China’s Silk Road projects were being given to countries they couldn’t pay them back. I guess it’s true. Look for more of this.

rich loan to poor to get richer. this is new to you? you think china is the first or the last to do this? IMF is doing this wherever they can. the west is annoyed china is doing this too so they push all these "amg china is evil" articles to stir the pot and try to turn the locals against chinese.

Re: Chinese may take over Mombasa port: Ouko

#14

If I think "why would China go to Africa instead of poor areas of China?" my first thought is "what they're doing in Africa doesn't help Africa".

Your first thought has no explanation in it. Maybe they simply have a growing middle class and thus soon their economic activities in the west (that we gladly consume) would become hindered by their own growth, so they're looking for their equivalent of what China was to the west in the 90's and 00's and their own regions are not viable for that, just like manufacturing in rural USA didn't work for the west. If that's wrong, how can you live with yourself? Or is it wrong simply because this time it's China doing it? Isn't that hypocritical?

Edit: I would appreciete if people stopped downvoting for asking a question. That's not how you discuss.

Re: Chinese may take over Mombasa port: Ouko

#17

So this is Economic Hitmen 2.0. China watched and learned from what the US did in South America.

Funny to see Communist China end up as unforgiving landlords given the history: https://en.wikipedia.org/wiki/Mass_killings_of_landlords_und...

(And by funny I mean horrific and depressing, of course.)

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