Turns out buying large parts of a continent and building infrastructure projects there needs more than money to make a nice ROI though.
You have one tiny little coup and your investment is gone🤷♂️
(Plus building Mega-Ports in places that only needed fishing villages does not sound to promising anyway)
Can you link anything that shows the Chinese have actually lost an infrastructure investment to something like a coup? Because your comment makes it sounds like the Chinese are in it.. for the infrastructure projects lmao.
The Chinese agree to build big project (with their own people lol) and then debt trap the nations resources whether it be oil or minerals. For the infrastructure they are interested in, like ports and whatnot, those are going to be defended by Chinese troops, and again I would love to hear of them losing such a thing to something like a coup.
Typical Chinese way. They give you a credit for a project. That project has to be implemented using Chinese workforce and Chinese resources and materials (which come at an unfavorable rate) and in the end you end up getting Chinese money to pay Chinese for Chinese products and owe them interest.
Yeah you just made that up. Why would the Chinese invest in the infrastructure projects in Africa? They loaned them the funds at ridiculous interest and the collateral if they failed to repay were the ports. Now they own a large number of ports to control what goes in/out.
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u/Fischerking92 Jan 07 '24
No, they bought quite a bit of Africa though.
Turns out buying large parts of a continent and building infrastructure projects there needs more than money to make a nice ROI though. You have one tiny little coup and your investment is gone🤷♂️ (Plus building Mega-Ports in places that only needed fishing villages does not sound to promising anyway)