The Philippines will no longer pursue Chinese loans to fund three railway projects valued at more than $5 billion and has started discussions with other Asian countries for alternative financing deals.
China makes its "partner"s loan slaves, also they say its mandatory to do the build process by chinese too, for very expensive, and low quality. We see this in hungary.
@Detectorist huh? The IMF does not specify who you use as labourers etc.
The IMF doesn’t care what you do so long as you de-fund health and other social services to pay them. How it got its nickname Infant Mortality Fund, more babies die.
All loans come with strings but they are different strings.
Well unlike clueless people like you I actually work in tech and know first hand that stereotype still exists for a good reason. If you want cheap shit China is still the way to go.
Stop repeating the propaganda that is thinly veiled European projection of their own guilt onto its enemies.
The Atlantic is a deeply imperial publication and even its analysis contradicts the bullshit that China’s loans are predatory.
The debt slavery is a part of the European project. Every loan the Europeans give is a trap. Hell, even when they give money away for free it’s a trap - for every dollar given to African countries in aid, 24 are extracted through predatory pricing, predatory loans, mandatory contracts, etc.
China makes its "partner"s loan slaves, also they say its mandatory to do the build process by chinese too, for very expensive, and low quality. We see this in hungary.
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@Detectorist huh? The IMF does not specify who you use as labourers etc.
The IMF doesn’t care what you do so long as you de-fund health and other social services to pay them. How it got its nickname Infant Mortality Fund, more babies die.
All loans come with strings but they are different strings.
Sure…did you see the accident and fatality rates for high speed rails around the world? Because I’m sure China leads that one too.
Yeah maybe because china has like 2/3 out of the entire network of hsr? 😅
Where? Quote me your source.
China is not Japan or France… lol plus China isn’t known for their build quality
Tell me you haven’t ridden a China HSR without telling me you haven’t ridden China HSR
Lol stop parroting boomer talks, china now manufactures everything from low-end commodities to luxury commodities.
Well unlike clueless people like you I actually work in tech and know first hand that stereotype still exists for a good reason. If you want cheap shit China is still the way to go.
As i said, they manufacture everything from low-end (cheap shit) to quality stuff.
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Your fucking iPhone is made in China.
Our trains in France are shit. Stop falling for every propaganda piece you see on the internet.
https://www.theatlantic.com/international/archive/2021/02/china-debt-trap-diplomacy/617953/
Stop repeating the propaganda that is thinly veiled European projection of their own guilt onto its enemies.
The Atlantic is a deeply imperial publication and even its analysis contradicts the bullshit that China’s loans are predatory.
The debt slavery is a part of the European project. Every loan the Europeans give is a trap. Hell, even when they give money away for free it’s a trap - for every dollar given to African countries in aid, 24 are extracted through predatory pricing, predatory loans, mandatory contracts, etc.
Source for this?
I’ll make sure to get the British or Americans to build it instead.
How much are HS2 and CAHSR expected to cost, again? How many decades of delays?