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1756233797 Conquer Club • View topic - China relieves African debt
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China relieves African debt

PostPosted: Fri Jun 19, 2020 11:02 am
by mrswdk
Just last month, African nations rejected a G20 debt relief plan that would have damaged their credit ratings and restricted their access to private finance:

https://www.scmp.com/news/china/diploma ... elief-plan

President Xi, sensitive to the risks Africa faces from COVID-19 and keen to ensure that at least one nation is behaving responsibly in Africa, has since held separate debt relief discussions with the African Union (AU) and reached a deal that the AU has been quick to call on other nations to learn from and emulate:

https://www.fmprc.gov.cn/mfa_eng/zxxx_6 ... 9596.shtml

Re: China relieves African debt

PostPosted: Fri Jun 19, 2020 11:03 am
by mrswdk
inb4 the usual trollbots who accused China of trying to laden developing countries with unsustainable debt come into this thread with bizarre rants about how Huawei is plotting to inject Africans with COVID-19 so Xi can extort Angola for oil, probably

Re: China relieves African debt

PostPosted: Sat Jun 20, 2020 10:24 pm
by jimboston
They don’t need to infect Africans with Covid to extort them... in fact it’d be counter productive.

Re: China relieves African debt

PostPosted: Mon Jun 22, 2020 7:45 pm
by jusplay4fun
It did not happen.

mrswdk wrote:inb4 the usual trollbots who accused China of trying to laden developing countries with unsustainable debt come into this thread with bizarre rants about how Huawei is plotting to inject Africans with COVID-19 so Xi can extort Angola for oil, probably

Re: China relieves African debt

PostPosted: Sat Jul 04, 2020 4:48 pm
by aad0906
mrswdk wrote:Just last month, African nations rejected a G20 debt relief plan that would have damaged their credit ratings and restricted their access to private finance:

https://www.scmp.com/news/china/diploma ... elief-plan

President Xi, sensitive to the risks Africa faces from COVID-19 and keen to ensure that at least one nation is behaving responsibly in Africa, has since held separate debt relief discussions with the African Union (AU) and reached a deal that the AU has been quick to call on other nations to learn from and emulate:

https://www.fmprc.gov.cn/mfa_eng/zxxx_6 ... 9596.shtml


Didn't China already own most of Africa? It's much easier for Chinese companies to do business in Africa because they don't have to stick to the anti-corruption laws in Europe and the USA.

Re: China relieves African debt

PostPosted: Sun Jul 05, 2020 10:53 am
by The ram
If China want sweatshops in Africa then they'll also have to import the workers. Hard work and Africa have never been uttered in the same sentence.

Re: China relieves African debt

PostPosted: Mon Jul 06, 2020 2:56 am
by riskllama

Re: China relieves African debt

PostPosted: Mon Jul 06, 2020 3:52 am
by mrswdk
The ram wrote:If China want sweatshops in Africa then they'll also have to import the workers. Hard work and Africa have never been uttered in the same sentence.


The irony of this statement coming from a Brit.

Re: China relieves African debt

PostPosted: Mon Jul 06, 2020 5:29 am
by jimboston
mrswdk wrote:
The ram wrote:If China want sweatshops in Africa then they'll also have to import the workers. Hard work and Africa have never been uttered in the same sentence.


The irony of this statement coming from a Brit.


Why ironic? I miss the irony.
Are Brits supposedly lazy?

I think the comment is biased and borderline racist, but not ironic.

Re: China relieves African debt

PostPosted: Mon Jul 06, 2020 6:01 am
by 2dimes
jimboston wrote:
mrswdk wrote:
The ram wrote:If China want sweatshops in Africa then they'll also have to import the workers. Hard work and Africa have never been uttered in the same sentence.


The irony of this statement coming from a Brit.


Why ironic? I miss the irony.
Are Brits supposedly lazy?

I think the comment is biased and borderline racist, but not ironic.


Could the irony be in the suggestion that another country might want to take advantage of Africa under the guise of benevolence?

Re: China relieves African debt

PostPosted: Mon Jul 06, 2020 7:36 am
by jimboston
2dimes wrote:
jimboston wrote:
mrswdk wrote:
The ram wrote:If China want sweatshops in Africa then they'll also have to import the workers. Hard work and Africa have never been uttered in the same sentence.


The irony of this statement coming from a Brit.


Why ironic? I miss the irony.
Are Brits supposedly lazy?

I think the comment is biased and borderline racist, but not ironic.


Could the irony be in the suggestion that another country might want to take advantage of Africa under the guise of benevolence?


That could be the point he’s trying to make...but I don’t think that’s irony.