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I think a distinction must be made between a completely extractive economy and one that is based on manufacturing. So if its simply raw materials being mined and shipped abroad, then yes I agree with the stripping the countries part. If they are actually manufacturing stuff....

Oh actually, if they're employing only Chinese citizens for manufacturing, then I agree with your assessment.



One of the major "problems" with African economies is they manufacture essentially nothing, and everything they export is completely unprocessed raw materials.




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