View Single Post
Old 03-14-2023, 04:22 PM   #5251
JohnnyB
Franchise Player
 
JohnnyB's Avatar
 
Join Date: Mar 2006
Location: Shanghai
Exp:
Default

Quote:
Originally Posted by Fuzz View Post
I think that might be in the eye of the beholder. There are no shortage of stories of human rights abuses with the belt and road initiative, or China's Debt Trap Diplomacy. I'm not say the history of the west in poor nations has been some glorious success, but I'm also not the one suggesting China's foreign actions are good, either. Are you aware of these things? All I see is a dismal future for any country that has gotten into China's fingers. Can you provide any examples of success?
This is an example of that kind of statement that frequently gets thrown around in misrepresentation of reality. If you read development finance literature on this kind of stuff, you would know that "debt trap diplomacy" is debunked in the development finance literature. That phrase in relation to Chinese development financing and eximbank activity was coined in Indian news media in relation to Sri Lanka, where India has it's own interests at play, and it has caught on internationally and gets thrown around endlessly as a meme, but it's not reality.
__________________

"If stupidity got us into this mess, then why can't it get us out?"
JohnnyB is offline   Reply With Quote