Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I think people are overstating the chinese capacity to run a world-class imperialist project. China still has a long way to go to making their own country functional before they can do this kind of outreach


> China still has a long way to go to making their own country functional before they can do this kind of outreach

China has massive amounts of US dollars (and lower, but still decent, amounts of Euros) which are useless at home but can move literal mountains in Africa.

Basically China can act like a VC fund in Africa: spend shitloads of money and pray that 1 of 100 projects is gonna be a unicorn... the game is to not do it like Europe dumping their used clothing and overproduced food over Africa, but to provide infrastructure so that the billions of people in Africa actually have the means to buy... yep, Chinese products.

The infrastructure is a loss leader, but ya gotta get the product into the continent somehow. Europe and the US won't be able to profit from the infra, we don't export anything of value except cars and software since all our manufacturing and industry was shuttered and off-shored to... China.


China does not need to be functional to abuse other countries.


Funny how China has basically ruled east Asia and people still think China does not know how to run other countries as subsidiaries.

Oh, maybe it's because the leading western country only has 200+ years of history and has no idea how bit China was...




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: