Lorence.xD (OP)
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August 29, 2020, 12:09:01 PM |
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Colonization is already working from those countries who borrowed money from china. I have heard that there is a country that sold some parts of its land to china because of unpaid debt. I do not want that to happen in my country and all this will depend on the leaders that will take care every debt being made. Hopefully that china also will going to give chance to all whos in debt because they too became the reason of this pandemic which started in their place. The country that is on the tip of your tongue is Sri Lanka, and you can't control what future your country will have unless you become influential, and I pray to anyone out there that your country will not succumb to Chinese influence unlike mine which is slowly eaten by the Red country. Also, sorry to be a Debbie Downer but I do not think China will be lenient to its debtors, like any day, this day is business as usual. They have a reason that they let them borrow their money, and the current situation is a very perfect set up for their schemes.
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sabbir2world
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August 30, 2020, 05:27:07 AM |
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For an under developed country the economical help from a country like China is necessary. I don't see a problem taking the help. But the loan taker needs to figure out the consequences for failing on the loans repayment. The corruption within the country is enough to ruin the economy. China and the USA both are like the two sides of a coin. Both of them want to rule the world resulting a global economical fight. Have you heard about the "Cold war"?
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Lorence.xD (OP)
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August 30, 2020, 06:19:30 AM |
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For an under developed country the economical help from a country like China is necessary. I don't see a problem taking the help. But the loan taker needs to figure out the consequences for failing on the loans repayment. The corruption within the country is enough to ruin the economy. China and the USA both are like the two sides of a coin. Both of them want to rule the world resulting a global economical fight. Have you heard about the "Cold war"?
Yeah dude, I know Cold War, I am a history nut. You also think that the money trap is reasonable? You are blind dude. You want your land seized by the CCP because that is what happened in Sri Lanka. They can't pay the debt and now they do not own the infrastructure that they built in their land. Have your read the article link I provided? Also did you know that the money they loan to this poor country is totaly rigged? They have a very high interest just so you know and that is the reason that most countries can't pay the debt. By the way Cold War is just a fancy way of invading countries without launching bombs and nukes.
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Arkann
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August 30, 2020, 07:26:14 AM |
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For an under developed country the economical help from a country like China is necessary. I don't see a problem taking the help. But the loan taker needs to figure out the consequences for failing on the loans repayment. The corruption within the country is enough to ruin the economy. China and the USA both are like the two sides of a coin. Both of them want to rule the world resulting a global economical fight. Have you heard about the "Cold war"?
Yeah dude, I know Cold War, I am a history nut. You also think that the money trap is reasonable? You are blind dude. You want your land seized by the CCP because that is what happened in Sri Lanka. They can't pay the debt and now they do not own the infrastructure that they built in their land. Have your read the article link I provided? Also did you know that the money they loan to this poor country is totaly rigged? They have a very high interest just so you know and that is the reason that most countries can't pay the debt. By the way Cold War is just a fancy way of invading countries without launching bombs and nukes. Today, economic war is a powerful tool to take a leading position in the world and is very much used today. Such confrontations exist not only between China and the United States, but also it extends to other countries, where, under the guise of economic aid, in reality they destroy the economy and any opportunities to be independent. Countries with strong economies will always confront each other, but the most affected are small states that become dependent on such great powers that receive financial assistance, while supporting groups of specific officials who care more about personal welfare than the state or people. But at the same time, these debts have to be paid for many years, which is likely to stretch over generations.
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Shasha80
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August 30, 2020, 08:41:56 AM |
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I agree that China has indeed won economic wars, therefore it can become a country that controls the world economy. For China, all kinds of methods are used to win the economic war, not only selling counterfeit goods. However, China implemented a money trap strategy, which did take advantage of third world countries with weak economies. And which includes countries that have high poverty rates. Countries with these criteria will be lent amount of capital, and if the country can't pay then China can control the country's economy. It can even control the land and natural resources of the country.
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Tipstar
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August 30, 2020, 09:02:40 AM |
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Everyone wants a profit on their investment. I wouldn't call OBOR just a money trap as it's bringing world together and opening new economic relations, improving lives of people. China though has prospered in the single party rule, it's political system itself is a tickling bomb. Another negative expect of China is it's relation with it's neighbor, with it's intention to claim all the resources over South China sea, it would never be considered a friend of that region unless it comes into wide economic and political co-operation for that region. If China really needs to establish itself as an economic power and connect with the world, it needs to improve it's relation with Japan, South Korea and ASEAN nations and reach a deal on South China Sea.
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Vishnu.Reang
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August 30, 2020, 12:20:16 PM |
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Everyone wants a profit on their investment. I wouldn't call OBOR just a money trap as it's bringing world together and opening new economic relations, improving lives of people. China though has prospered in the single party rule, it's political system itself is a tickling bomb. Another negative expect of China is it's relation with it's neighbor, with it's intention to claim all the resources over South China sea, it would never be considered a friend of that region unless it comes into wide economic and political co-operation for that region. If China really needs to establish itself as an economic power and connect with the world, it needs to improve it's relation with Japan, South Korea and ASEAN nations and reach a deal on South China Sea.
Apart from the hate mongering by the Western media, OBOR is very beneficial for the participating nations. As of now, China is perhaps the only country which has enough cash reserves to undertake massive infrastructural projects such as the OBOR. In a way, they are helping the neighboring countries by giving out loans using this excess amount. And they are not forcing anyone to participate in this OBOR project.
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todiefor17
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August 31, 2020, 10:22:59 AM |
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China means a flower in the center surrounded by petals. That is the meaning of the Chinese name. They are very good at economics and they are silently controlling the world in some way. They have many economic development programs in other countries. They seek to lend these countries money to build a railway, road, harbor, hydroelectric, and mining projects. They brought the Chinese people to this country and built a settlement in those countries. Gradually the Chinese people will live in the entire country and they have almost conquered that country. The Chinese were present around the world. I think China will not stop trying to control countries with seven debt, but they will take over those countries in the long run.
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Silberman
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August 31, 2020, 06:36:19 PM |
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This is also a formidable strategy from China. Actually, economists have seen this for a long time and they are condemning the Chinese government. It seems that they are expanding and disrespecting any country, we are really soft towards them. Hopefully in the future, countries will have a way to stop the current Chinese expansion so that everything will be peaceful. I hate war and don't want any political uncertainty to happen.
But how exactly can that be done? China is now the factory of the world, everything is made there and even if the quality of the goods is not very good it is made very cheaply to the point that very few countries can compete, this means that China is full of dollars that they can use and that they do not want to keep because they know that the dollar is going to crash sooner or later, which means they are using them to buy everything what they can and lending it to other countries so they owe to them and they can get land and infrastructure for almost nothing.
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Lorence.xD (OP)
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September 02, 2020, 04:59:56 AM |
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This is also a formidable strategy from China. Actually, economists have seen this for a long time and they are condemning the Chinese government. It seems that they are expanding and disrespecting any country, we are really soft towards them. Hopefully in the future, countries will have a way to stop the current Chinese expansion so that everything will be peaceful. I hate war and don't want any political uncertainty to happen.
But how exactly can that be done? China is now the factory of the world, everything is made there and even if the quality of the goods is not very good it is made very cheaply to the point that very few countries can compete, this means that China is full of dollars that they can use and that they do not want to keep because they know that the dollar is going to crash sooner or later, which means they are using them to buy everything what they can and lending it to other countries so they owe to them and they can get land and infrastructure for almost nothing. If there is a continous sanctions and constant relocation of factories of foreign companies like what Apple is doing, China will eventually cave in. Right now, Apple is slowly relocating its factories in India, and I hope that this is a step for other companies to do the same thing. If China really needs to establish itself as an economic power and connect with the world, it needs to improve it's relation with Japan, South Korea and ASEAN nations and reach a deal on South China Sea.
I agree with this one, good relation with your neighbors is a good sign, but if you are using manipulation and bullying then that is another story.
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Chrystora123
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September 02, 2020, 04:06:44 PM |
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snip..
only a few countries understand China's bad plan.. I can say that currently, China is trying to colonize several countries that have great potential (natural resources) for them to control. China started the trick by becoming a savior (investor) in a country and slowly eating away at that country, many countries in Southeast Asia have become borrowers of funds from China, it's just a matter of waiting for a few time again for their actual plans to be launched..
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Lorence.xD (OP)
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September 03, 2020, 05:56:51 AM |
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snip..
only a few countries understand China's bad plan.. I can say that currently, China is trying to colonize several countries that have great potential (natural resources) for them to control. China started the trick by becoming a savior (investor) in a country and slowly eating away at that country, many countries in Southeast Asia have become borrowers of funds from China, it's just a matter of waiting for a few time again for their actual plans to be launched.. Exactly, they do not know the implications of being indebted to China. In politics and heartless economy, when a country is getting to your good side, they only have ulterior motives.
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bryant.coleman
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September 03, 2020, 06:41:52 AM |
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snip..
only a few countries understand China's bad plan.. I can say that currently, China is trying to colonize several countries that have great potential (natural resources) for them to control. China started the trick by becoming a savior (investor) in a country and slowly eating away at that country, many countries in Southeast Asia have become borrowers of funds from China, it's just a matter of waiting for a few time again for their actual plans to be launched.. I don't agree with your statement. China is not forcing anyone to take loans from them. The other countries go for the Chinese loans, because they have few other options. If superpowers such as the United States and France were ready to give low-interest loans to the developing nations, then there will be no market for loans from China. But that is not the case. Developing nations continue to take loans from China, because the other countries will not sanction loans for them.
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Silberman
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September 04, 2020, 09:22:13 PM |
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But how exactly can that be done? China is now the factory of the world, everything is made there and even if the quality of the goods is not very good it is made very cheaply to the point that very few countries can compete, this means that China is full of dollars that they can use and that they do not want to keep because they know that the dollar is going to crash sooner or later, which means they are using them to buy everything what they can and lending it to other countries so they owe to them and they can get land and infrastructure for almost nothing.
If there is a continous sanctions and constant relocation of factories of foreign companies like what Apple is doing, China will eventually cave in. Right now, Apple is slowly relocating its factories in India, and I hope that this is a step for other companies to do the same thing. That sounds easy in theory but in practice this is a nightmare, even if many countries around the world join hands and tried to sanction China they will just do the same and it will begin a commercial war, and as far as I know that is already happening and it is not as if we have seen a tremendous success with those measures, the time in which this could have been done the curb of the growth of China has passed and it is time that we get used to a world in which China is an economic superpower.
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bryant.coleman
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September 05, 2020, 07:10:35 AM |
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only a few countries understand China's bad plan.. I can say that currently, China is trying to colonize several countries that have great potential (natural resources) for them to control. China started the trick by becoming a savior (investor) in a country and slowly eating away at that country, many countries in Southeast Asia have become borrowers of funds from China, it's just a matter of waiting for a few time again for their actual plans to be launched..
What about the other colonial powers such as the United States, United Kingdom and France? They have been doing the same to the developing world for the past many decades. All this outcry against Chinese investment is because they are providing much better deals for the developing nations, when compared to those offered by the US or the UK. You want to talk about the Chinese colonizing smaller nations, but at the same time you won't speak against the Americans who have military bases in more than a hundred countries.
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razaabbas
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September 05, 2020, 08:21:24 AM |
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It is possible that China will control the world's economy because it now has land, air and sea routes - which will be very useful for them - but not comparisons with the Nazis.
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