#debt to china

[mapsontheweb]

Africa's Chinese Debt

Source and details >>

by u/itsinbacklog

[hotvampireadjacent]

LMFAO Americans are always fear mongering China’s actions in Africa.

1. The people of Africa aren’t fucking stupid and don’t need you worrying over them like that.

2. Even if China was trying to debt trap Africa that’s nowhere near as bad as America does everywhere

3. Above all ask the people of Africa what they fucking think they don’t need white people thinking and acting for them! Africa isn’t dumb!!! The people of Africa aren’t stupid!

[goldenstarprincesses]

I really like amechu

But honestly never been a big fan of the way the fandom interprets it? like, the fandom basis it off a grossly incorrect understanding of geo-politics and how debt works

Always seems to make America out to be a stupid dumb child nee 2012 fandom style. All while also making China into a one dimension wicked villain who sexually takes advantage of the innocent young America

Idk gives me the ick

[indizombie]

Over the past 20 years, China has become the largest lender in the Pacific. Now Tonga, Vanuatu and Samoa are spending some of the biggest sums in the world to repay debts to China, as a proportion of their GDP, according to Lowy Institute analysis. Tonga's annual debt repayments to China are nearly 4 per cent of its GDP — the third-highest level in the world. It's a rate that Lowy research associate Riley Duke calls "astronomically high". "On a global scale, it's really significant," he said. In Samoa, debt repayments to China are 2.6 per cent of GDP — the fourth-highest rate in the world — while Vanuatu's debt repayments (nearly 2 per cent) also put it in the top 10.

‘Pacific Island nations owe 'astronomical' debts to China. Can they repay?’, ABC

[commonsensecommentary]

“When they occur simultaneously—which certainly seems to be the case in America today—arrogance, ignorance, and stupidity endanger to the very existence of a nation, and we might be perilously close to this point today.”

[arrozaurus]

im not joking that the only way the us can meet climate collapse measures is if they nuked the entire fucking country

ps: what i mean by nuking the country, im refering to the act of dismantling the structures and politics that shape its society. a mechanism such as this requires an incredible amount of torque that is only possible through an extraordinary cataclismic change comparable to a nuclear catastrophe

[baphofemme]

not that much has changed but the state of u.s. politics is such a shitshow

[mapsontheweb]

The Countries Most In Debt To China.

[gwyoi]

the ccp 😭 like genuinely who are they preforming for here by honoring Toriyama’s passing….. the Japanese? they don’t like them because of ww2 and in current affairs Japan is allied with American interests. There’s no way they’re preforming for the western world because they genuinely don’t care about soft power like Korea or Japan does

[memenewsdotcom]

China Evergrande ordered to liquidate

[indizombie]

Sri Lanka owes about $7bn (£5.7bn) to China and around $1bn to India. In February, both countries agreed to restructure their loans, giving Sri Lanka more time to repay them. Last month, the IMF agreed to lend Sri Lanka $3bn. That was on top of a $600m loan from the World Bank last year. Sri Lanka's government is currently negotiating its debt repayments with bondholders and creditors before the IMF reviews the situation in September.

Mariko Oi, ‘Sri Lanka crisis: Central bank lays out extent of economic problems’, BBC

[xtruss]

Biased Reporting

— Vitaly Podvitski | October 13, 2023

Cartoon: Vitaly Podvitski

Losing Steam

— Chen Xia | October 12, 2023

Illustration: Liu Rui/Global Times

[randomberlinchick]

The People's Republic of China | United States Trade Representative

Not even taking into account how much US debt China holds (currently 870 billion dollars) and concentrating strictly on trade, I'm not sure why some politicians are so comfortable with the "enemy" rhetoric. Pay off the debt and manufacture/assemble your own products, then you can talk shit. Or as my mom used to say, "Don't let your mouth write a check your ass can't cash."

But we all know how this story will play out: the debt ceiling will likely be raised, as the alternative would create havoc in global financial markets. For more see this article in Foreign Policy.

[the-innefable-idiot]

Oh fuck my life

Jeff satur is coming to Brazil A DAY LATER I had to stop spending money on my credit card because I'm this close 👌 to go into debt lmao (lamenting my anguish online)

And the tickets aren't even THAT expensive, but goddammit the logistics to go to Sao Paulo is just 😮‍💨

[swankyangles]

Oh my God look at this ridiculous propaganda