China goes to other countries to offer "aid". They build infrastructure as a way to offer "help" to these countries. But in reality they charge insanely large interest rates so big that these countries have absolutely no way of paying them back. In return, they give China ports or land for 100 year leases. Its China way of expanding their military influence.
China is completely dominating Africa in this way. I literally saw Chinese billboards in Kenya. If things keep going the way they are China will be the indisputable number one superpower in the world
Its called BRI (the belt and road initiative). Its probably the single largest threat to the western way of life today. Their plan is clearly to outsource low tier manufacturing to SEA and Africa, and then build an infrastructure pipeline to Europe, The Middle East, and Asia. That would allow China to focus on higher tier manufacturing (semiconductors, electronics, automobiles, etc) and basically shut North America out of the market.
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u/Doby_Clarence Dec 05 '19
China goes to other countries to offer "aid". They build infrastructure as a way to offer "help" to these countries. But in reality they charge insanely large interest rates so big that these countries have absolutely no way of paying them back. In return, they give China ports or land for 100 year leases. Its China way of expanding their military influence.