It’s almost as if the West is somehow the victim here. In giving historical context you forgot to mention the role western countries played in delaying or outright fighting against African independence. When talking about Chinese miners polluting Ghana you forgot to mention how Shell has polluted & corrupted Nigeria for decades. In the section on Chinese political influence you don’t mention how Shell was deeply involved in the trial and execution of Ken Saro Wiwa in Nigeria. When you talk of Chinese military presence in Africa you conveniently don’t mention how many active US troops there are across the continent. The West has been complicit in China’s advances in Africa by their absence and disregard for the continent. Africa is a free market and everyone is welcome to throw their hat in the ring.
Well said. The only reason the west is concerned is because they know china is actually building tangible infrastructure in Africa instead of jut straight up exploiting the continent like they do all the time. I mean they talk about debt trap yet they loan those same countries billions in loans so they can “fund” infrastructure they know wouldn’t get built yet they turn their eyes away but still come back for those same loans with massive interest. China is going to be welcomed in Africa so long they keep building infrastructure and assets.
Just like they always deny some western countries came to China, to India, to Asia, to “colonize” us all. How many Asian countries didn't have a history of being invaded by western military powers in history, I wonder. “Colonize” here is a nice word to replace all crimes made. 🤔
America has over 800 bases around the World in foreign countries. That is common knowledge. It is better is the two countries can work together. I do not know exactly how but it is better for both countries.. I am an old American economist and have worked in both countries.
@@newaddress456 Are you really a prof and economist? TAIWAN enjoyed a surplus of over 140 billion dollars in trade with the mainland last year and the trade across the strait has increased dramatically in recent years. google for the basic facts. don't blind yourself over your bias and bigotry against China.
@@spacetoast7783 Other countries have pulled the same scam in the past. That is, country X loans money and when country X cannot collect, then the country you lent to pays you back in UN votes you want on certain resolutions and other ways. China is just using the same scam some other countries have used. Nothing new here I am not condoning it. I am just saying how it is. Well take care. You seem like a nice person.
@@spacetoast7783 . American here with a four year college degree. The OP is correct. We need worry about our own business. If you're concerned with Africa then feel free to move there.
Will see in the next 50 years. Both are going to be 2 billions each. China is buying Africa to feed this 2 billions, someone will starve…guess who will be
I'm Kenyan and I can say that most the economic growth we've experienced in the last 20 years has been driven by China's growth and investment in our country. It's human nature to have best Interest at heart but we have tangible results for everyone to see.
Wacha mchezo wewe... You'll just casually ignore devolution, multipartysm and other local factors? Most of the benefits of Chinese infrastructure we won't witness anytime soon...
@@coucoubrandy1079 maybe colonialists should ask where all the money resources they exploited went. And stop crying about rise of global south and china all the time
@@asoret9026 what global South ? With the climate change and dictorships, is that your answer ? China says that they want to fight against it, and at the same time open up 106 coal mines. Lovely. Nice try, troll !
I would rather we follow the east than the west but to be honest I don't think any of them give a sting about us we are just caught in the middle of a geopolitical war
Remember, this video is from the perspective of an American. Africa needs such projects. It doesn't need empty promises, endless wars, puppeteering and aid dependency. China has built Botswana, Africa's modern success story.
We are building a mutually beneficial relationship with China. Africa is where China was 30 years ago, the Chinese see the potential growth and want to share in it. The west sees Africa as a charity case which cannot function without them. As Africans we are smart enough to see the difference and welcome any nation that wants to hold hands and develop together. With china’s wealth of infrastructure knowledge and socialist nature, it translates well to the African continent. Deals made on our terms that benefit both China and Africa will always be welcome! Africa is not a charity case and we are not helpless, we don’t need protection from the west, in fact it would benefit us more if we drove the west out of Africa completely. The west got rich off our minerals and natural recourse and now centuries later point fingers and call is incompetent. The west is fine with Africa on its knees, China seems to think we can go further together in partnership.
@@dupeshway It is the west's style to openly and unabashedly create deaths and destruction without any moral qualms whatsoever. If there was to be a deal between China and any other party, what rights do you have to be privy of it?
There are no mutual beneficial relationships with China, Russia or the west. In Congo, kids work in mines and Congo does not gain from the wealth of colbat
I hear from someone living out in South Africa who tells me that there is a new buzz with the younger generation of Africans. She tells me they want to get educated and are into technology and stuff. Could this be the Chinese influence? There is nothing quite like setting the example for Africans to follow.
@@obie2013 China doesn't care about Africa's economy, why do Chinese companies still invest in Africa? Are you a capitalist or a philanthropist?Oh, do you want to invest in a country with no prospects for development?
@@obie2013 Yes I do think when China invests into these infrastructure they ultimate beneift goes to the African population.They wanted to build a Unified African Market like the EU and even in that respect China is doing as best as they can to improve their connectivity issues, their energy infrastructure and to build the supply chain for the future. As China advances into Advanced Manufacturing, more jobs are on the Africans Way but but they need to make sure that They Too can benefit from the Globalisation of The Trade. There are so many countries in the world vying for markets around the globe but it is in the hardwork and determination as well as aspirations of billions of Africans who will help them transform from an Underpriviledges class of ethnicities to the most Priviledged Class in the World. We Chinese want to see that happening before our eyes and i hope you guys keep working hard. As the Chinese Proverb goes," Teach a Man how to fish and He will eat for a Lifetime." We are teaching the africans to fish for the world market and they will eat for a lifetime.
I checked many comments, really happy to see most Africans has a positive attitude about the cooperation between chin and Africa. As a Chinese, we have been told that we were brought in to UN by brothers from Africa. Chinese appreciates the help and we love to help when we have the opportunity and strength
The West will continue their neocolonialism (their current colonialsim, thats extended from their past colonialism), as long as they possibly can until Africa fights back (which hasnt been done greatly so far). With this setup, Africa has the leverage because they go the Wests enemies because of the Wests Extreme cruelty, now the West is in begging mode because They NEED AFRICA (hence leverage).
No, it's because the West has ethical standards. It's easy to deal with Authoritarian regimes - that's why all the dumb countries chose China. It was easy and popular. In the future, Africans will hate China for this. Trust me.
@Limon Cello Africans probably know what's best for their own continent than an American who probably avoids other Americans of African descent like the plague.
I'm Ghanaian too. Sometimes be a little fair and circumspect in your reporting. The Chinese built the Atuabo Gas Processing plant for the country. And today every Ghanaian wants to work there because they pay around $2000 a month. Most companies in the country pay less than $500 and some as low as below $100 a month. Tulow and Cosmos oil have been in Ghana since 2007, they haven’t bothered building a small refinery for us. They take the oil, pay our governments it's due share and keep the rest. Is that also not exploiting?
Colonization is in their blood. In their deep consciousness, Africa should listen to them, do what they let them to do. 'China is our enemy, you are not allowed to be friends with them'.
@@TheAcadianGuy i mean atleast its better getting exploited by china and they build infrastructure while the west exploited and gave nothing in return except hunger and weapons
@@TheAcadianGuy Sure, as a person from the West myself and a person that's actually researched the history of Western Colonialism's explotation of the continent. The British where responsible for debt trap colonialism by buying South African lan illegally through Europeans without consulting Africans yet blame China for doing the same thing, even though China's yuan is worth 10x less than the USD and even less than the EURO. Basically making the debt 10x more affordable then trading with Europe today.
@@TheAcadianGuy Plus, China hasn't tooken over African territories. Think about it, why in the world do you think the African Union has a Treasury. To deal with continental debt or other crisis's. So far there hasn't Africa hasn't even been a 10% deficit of debt in every Afro-China trade participating country. Plus African governments problems are not our problems just like our problems aren't the world's problems, the Africans government if they get in trouble let their resources handle it
China knows corruption and the uselessness of money, it's already a mess within the country with the invasion of foreign moneys/us/uk's bubbles, they want the relationship with africa and the development of africa to let the west take less advantage of the honest working ppl. Money is never the point, money is never invented for the sake of moeny, mate.
China is interested in trade and builds roads and infrastructure. US and western Europeans are interested in regime change and bring in arms and sanctions... The choice for Africa couldn't be simpler!
Not to mention that the US also had military bases in China itself. The US already have lots of bases surrounding China..When they want to attack China, it will be easy. That's why China is building their defences. Long story short: western countries can do what ever they want. But when China does something ( not even bad ), they put in the badguys spot. Helping Africa is bad to the westerns. Africa says it otherwise.
A thousand military bases! Since the end of World War II, 248 armed conflicts occurred in 153 regions in the world, of which 201 were initiated by the USA-led Capitalist Western bloc. The Capitalist Western bloc initiated all these armed conflicts for their very own interest, first and foremost.. [For hard truths, pls read the informative insightful multi-pages 'Ole Fella' comment at.,"China-US tensions: A closer look at the Five-Eyes intelligence partnership / CGTN"].. For instance, Colonialist-turned Capitalist Imperialist Anglo Western bloc''s 15 years of war in the Indochina war was all about RUBBER that the region produced around 80% of world supply in those days. Around 5 million innocent Vietnamese and 6 million Cambodian citizens died due to the direct and indirect effect of war. Their war in Iraq was all about OIL, and 20 years of Afghan war and occupation was for RARE EARTH MINERALS. Around half a million Iraq and over one hundred thousand innocent Afghan citizens died as the result of wars.
Glad to see many people are aware of media's one sided reporting. If US really wants to help African countries it has to offer a better deal to them than trying to prevent China.
I am a young man from China🇨🇳， and i have a China story. starting with the debt issue: When you owe the bank 100 dollars, it's your problem😑. When you owe the bank 100 million dollars, it's the bank's problem😄. People need to think clearly about what they want. Do people simply think Chinese people have money and envy them? That's right, it took two or even three generations of people to work for more than 10 hours, 12 hours or more. Since the Qing Dynasty, we have been beaten and looked down upon because China is lagging behind. Until today, China has finally achieved what it is today, but it is still looked down upon by many people, people don't want to believe us, people don't want to listen to what we have to say. OK, Now we want to help others, still suspected, we know, to pick up the crown, first need to learn to bend down, the crown is very heavy, so it will be difficult to straighten up.... Let's go Africa！ I'll see you at the top！👊
@@NoreenHoltzen ruSSia has thousands of troops in Africa: for reasons of 'trade'? Xina has build a few ramshackle roads and bridges in Africa: in order to exploit the continent at greater speed. No wonder many Africans flee their continent to seek refuge in Europe.
So easy to understand China’s logic, if more and more African countries getting developed and bigger middle class population can boost the whole trade and living standard of each other, plus stronger Africa can help break the west hegemony. Create multipolar world is way to human peace.
No, it‘s not ok what some Europeans did. At least that‘s what we get taught in school in Switzerland, but I do think Europeans generally lack empathy for the African people and the Asian people. They can be racist and ignorant, however, Asians and Africans can do the same. So just because Europeans are not involved does not mean there can not be tension. I think getting more engaged as Europeans in a productive way would be cool and if China helps developing Africa and does not hold them back that would be great. The video also ends with the conclusion that they maybe should start caring more. I do think Africa has a lot of potential.
We can't change what occurred in the past. We can only steer the present. I don't really understand the dynamics and complexities of economics, but hold the view that most continents have commodities that others need or want, thus, the need for fair trade that benefits both ends. I personally can't use Africas gold in any meaningful way.......it's of no value to me. The reality is:- the world needs Africas (among others) resources, and Africa needs things imported from the world like food, beverages and manufactured goods. So with the consent of both sides, a trade deal that's fair again should benefit both sides.
@@noelgibson5956 Centuries of Western engagement in Africa. They came and took all the natural resources and even used the people to be bred as beasts of burden. The Western nations are the richest in the world and the African nations the poorest. Don't preach to me about fair trade or say the past is the past.
Worst is most Western loans are never for infrastructure. Once Africa received the money, they can never repay these loans from the west as there is no infrastructure to help Africa improve their economy. You can build a factory with empty hands! You need roads and railways to transport products to ports for export to make more income for the country. This is where the west loans never helped Africa.
Africans have not forgotten when the west was actively supporting Rhodesia South African whites Portuguese colonials, china built the railway to help Zambia ship it's products.China gave military training to African fighters while the west gave nuke bombs to south africa. We are not idiots who easily forget.
Long live China Africa friendship! Westerners regard Africa as a farm or back garden! They have brought 80% debt to Africa, but they have done nothing. With the help of China, Africa's economy is growing, but Westerners are afraid that they can't control their "farm"!－Love from China🇨🇳
America has more debt than the whole 54 african countries have . China has done impressive projects in the continent which the West ignored for years to offer a helping hand . 🇰🇪🇨🇳
Long live China Africa friendship! Westerners regard Africa as a farm or back garden! They have brought 80% debt to Africa, but they have done nothing. With the help of China, Africa's economy is growing, but Westerners are afraid that they can't control their "farm"!－Love from China🇨🇳
@@mrcapybara3579 Long live China Africa friendship! Westerners regard Africa as a farm or back garden! They have brought 80% debt to Africa, but they have done nothing. With the help of China, Africa's economy is growing, but Westerners are afraid that they can't control their "farm"!－Love from China🇨🇳
@Phil and what are the results? As you've seen Chinese debt trap has done more economically for the continent that the food and medicine you send to a few rich guys who use it to keep people in line or sell to other countries for a buck... Chinese framework is to build infrastructure for loans this way everyone wins...and there's evidence of progress
I'm emotional about Africa's relationship because all we have ever wanted was mutual respect from a business partner, as business partners and as human beings and in China at last we have that. In this sense, China and Africa think alike. It's a wonderful partnership already producing much better results for the African economy. I'm just sad it took so long for Africa to break free from it's exploiters and abusers and as a result I will only see the tail end of the fully developed Africa I should have seen all my life. My parents will never see it. Thank you China. Peace and love
Yes but we can still negotiate a better deal to avoid problems in the future and we've to be very care with Western military bases around Africa because all the developmental achievement we gain can be destroy by sponsored terrorist and regime changers funded by Europe and America.
China have always had a friendly trade relation with Africa, going back to the 1400's. When Westerners got to Africa, it was very unpleasant for Africans. While US has 27 military bases, France has 6 and Britain 7 in Africa, why so concerned with 1 Chinese military base. China builds infrastructure bringing economic opportunities for both countries. US government funds anti-China propagandists in Africa as well, so it is hard to know if the anti-China sentiment by Africans is genuine.
@Astrophageyep Yes, Chinese Admiral Zheng He led diplomatic expeditions and developed trade relations across the globe, including in east Africa, by the order of the Chinese Emperor. With 30,000 military guards sailing in largest navel fleets at the time, yet the Chinese did not harm anyone. On the contrary, nations that did trade with China found that they became more prosperous. Today, we see China is still carrying out the same kind of trade and diplomatic missions worldwide.
One simple question from a citizen of the world : When the west, which occupied and colonized the entire African continent for centuries was at its zenith from 1960s to the 2010s, what did it do to assist Africa? It was involved in more wars to exploit the resources but no real effort was made to help African progress.. China could not help much in for a while as well, except to help build a rail system in Zambia even while it was impoverished. When China started to assist more starting from the 1990s, Europe got alarmed. Why ? You Europeans didn't give Africa a thought, much less any useful assistance for decades. And yet when others started to get involved, your politicians started to smear and make accusations. You didn't help for a long time and now you're trying to stop others from helping? And you call yourselves Christians? Where were you when needs were unanswered for decades? Why didn't you extend your hand to help? Now you're worried others might do what you've done for centuries and you're casting others in your own mindset and ideology. Don't stay callous. Act like Christians.
We did a lot of wrong doing in Africa. But poverty and underdevelopment is usually caused by conflict, weak governance and corruption. When the western colonizers left they where simply replaced by corrupt african leaders who could now fill their pockets or conflict broke out. And keep in mind China is building your infrastructure with Chinese companies and labor. Little knowhow is being transferred so after the bare hanging fruit is plucked by building infrastructure can Africans than grow businesses by themselves?
The Economist should ask the Western nations, why did they not do what China has achieved over the years. Since the African nations was once ruled by the Western nations, they did not helped the African people, they undermine the African nations by stealing their raw materials when Africa was under the Western rules, they did not build enough school to establish education for the African people, if education was established earlier, then the African people will be better equip to due with the progress of their nation.
The fact is western do not care what happens in the world (by world I mean the not only EU and US, but all 7 continents), until China starts something somewhere. If that happens then suddenly the Western is concerned about it.
If western governments are worried about the morality of the Chinese loans they should solve it the capitalism way and create competitor loans they can check. I mean in this piece there is a part where people are arguing that China asks the loan to be paid in full as opposed to more lenient loans from the west. That statement is by itself ridiculous because 1. African countries are not beggars or children that require the charities of the west which by the way have never disclosed how much money is made and how much is given away. And 2. Predatory loans are like a staple of capitalism and a very real thing in the US you know student loans, medical loans, housing loans all of them had been the cause of mayor impacts in the lives of their population was is not the 2008 housing market crash because of poorly managed loans.
It's also an obvious lie. The Chinese restructure their loans all the time and provide loan forgiveness in times of economic downturns. The very idea that the Chinese demand that their loans are repaid in full is countered by even western media coverage of Chinese loans.
@@jasonjean2901 Here's 50 yuan for your post, 50 Cent Army troll. Loan forgiveness? Nope. Forclosure on assets -- which is what Xi's dictatorship really wants.
Instead of worrying about China 🇨🇳relationship with Africa you should be asking what has the west done for Africa in the past few years just to start 🤔
Long live China Africa friendship! Westerners regard Africa as a farm or back garden! They have brought 80% debt to Africa, but they have done nothing. With the help of China, Africa's economy is growing, but Westerners are afraid that they can't control their "farm"!－Love from China🇨🇳
@@siamcharm7904 *I think they did human trafficking 🤣 for couple of centuries or so 🤣* *👍 Leveraged their early industrialization and the real superpowers are sleeping 🤣*
@@今日辱蛙 *I think they did human trafficking 🤣 for couple of centuries or so 🤣* *👍 Leveraged their early industrialization and the real superpowers are sleeping 🤣*
If the african nations are taking those loans is because they are not worried. And the title is a question. "Should the west be worried?" meaning that the video is a response to that question, that could be positive, negative or inconclusive. Its like saying: "do you want tea?"´and then someone says : "that's so tea-centric, you should be asking if I want a cup with a beverage"
One thing this kind of reporting ignores is the fact that Africans can think for themselves when making these deals. What if Africa is actually leveraging it's resources to get infrastructure built. Besides Western dominance doesn't have a future without Africa's resources both mineral and population.
Africa is historically corrupt with and education system that is very poor. I hope the decision that they make is the correct one. I suspect they will be used and the poorest will be abused to the fullest.
The Chinese can’t continue these projects without the guarantee of safe sea lanes provided by the American navy. The US is pulling out of the Indian Ocean and already piracy and international shipping seizures are on the rise in the region. Also the US doesn’t really need African resources, it’s one of the most resource independent countries on Earth, the Europeans on the other hand…
@@bukhariapdelahi7072 that is fair, just trying to point out that media and political control should still be viewed as a threat. Here in the US, we’ve allowed corporations to wield way too much power and while they do drive our economy forward, it comes at the cost of political freedom. There are industries that need reform here that now feel untouchable politically, including our military. Would not want to see the same happen abroad with a foreign power having that much control, but if you think that doesn’t apply here, I can respect that. All the best 🤝
Why not US OR WEST provide Africa with Better options like more flexible loans. Cheaper railways and infrastructure etc. West isn’t doing it because they want Africans to stay a charity region, and China want stronger Africa economically and militarily . Keep in mind China is not a welfare organization or non profit organization. They are doing business to gain profit and influence and in return Africa will get developed and change their lives. West doesn’t see Africa as a successful countries. They don’t even consider them humans. They want to keep Africans poor so they would never know how to process their own resources. Example they want to keep buying cocoa and make produce chocolate in their own countries like Germany and France . They don’t want Africa to process chocolate themselves and sell chocolate to west. Same thing goes for oil, gold, cobalt, lithium and diamonds
'Western concerns are understandable" I hear you say? What about the needs and concerns of Africans? No, western concerns are not understandable. The majority of Africans are not complaining. I dare you to take a poll between French and Chinese perceptions in Africa for example. Africa is chronically lacking in physical infrastructure--a highly statis prerequisite for economic development. China is helping Africa build it.
Yes. Very true. This report just seems to want to fear monger by colonialism. “Keep them down because it’s always been like that”. China has outmatched the west by giving them what they want for neutrality, instead of oppression and restrictions from the west. “To fight and conquer in all our battles is not supreme excellence; supreme excellence consists in breaking the enemy’s resistance without fighting.” -Sun zi
Technically Africa is part of the West. They are remnants of Western empires much like the USA used to be part of the British empire. They adopted Western values like democracy. I think most Africans would rather keep their Western values like the right to vote in their elections rather than adopt Russian and Chinese modals of autocracy.
@@fedorburns8661 I doubt it. Especially how hypocritically the west has shown to use Democratic ideology for its own gain vis a vis African nations. Their societies are still highly patriarchal so autocratic rule isn’t out of the question by any means. They will follow what benefits them as a people, not what they’ve been forced to accept at gun point.
@@Kvasiir China has offered “a few hundred million dollars” in lending to Sri Lanka to help alleviate a shortage of essential goods in the crisis-hit country at present. It is considering offering a $1.5 billion credit facility to Sri Lanka as Sri Lanka has to pay $4 billion worth of debt this year, including a $1 billion international sovereign bond maturing in July. China wants Sri Lanka to get back on its feet and supports crisis-hit Sri Lanka's decision to work with the International Monetary Fund (IMF) to restructure its debt. It is no fan being trade partner with a country with nothing to offer.
@@Kvasiir if China gives a lower interest rate why shouldn't they take it? They aren't kids like you. They go through the agreements before deciding who gives better option. None of you business what Africa does
thanks!China's pro-Africa policy originated in the Mao era and united the third world (Asia, Africa, Latin America, developing countries in the modern context)
For centuries the Europeans conquered, enslaved and looted Africa leaving it to utter poverty. Now as time changes it is China's turn that helps Africa build amazing infrastructure like modern roads, railways and ports. Though it all make Africa indebted to China as they have no option. The modernisation of infrastructure will lift up millions of Africans out of poverty gradually opening windows for new opportunities. As far as the huge debt is concerned, in every country the coroporates are doing the same. Now the West is desperate and jealous of China, that's it.
Did you even read what you said like come on. The reason you are welcoming of China is a complete retaliation of the west but in the end China will be your new colonizer because you will be INDEBTED to them as they are building 90% of the infrastructure in africa. Who does that really benefit if you are indebted to someone other than yourself.
Western countries must be jealous of the progress China is bringing to Africa. At least China treats African countries as partners and helping countries develop infrastructure.
The fact that Economist chose to pick 1-2 project that has negative impact and completely ignored 100 other project that provided essential infrastructure (positive impact) for Africans speaks volumes about their intention. Moreover, even the bad sides are speculation such as "they might do this", "they might do that" etc.
If china 🇨🇳 is in Africa, why should the west worry? Is Africa part of the west? Africa need development which it lacked for many years since independence. Now china is bringing development in Africa, why should those who underdeveloped Africa worry about its development????? The world loves 🇨🇳 ❤👍👍👏👏
The complaints of the publisher are mostly GROUNDLESS. The West has had 400 YEARS to examine it's CONDUCT and TREATMENT of Africa and it's peoples. Neither China nor Africa is getting paranoid of Western intentions or conduct EVEN where BOTH have SUFFERED. The West needs to GROW in Global affairs and outlook. Surely the Earth is CHANGING and Maturing. Shouldn't the West do this too??
Imagine a British establishment newssheet criticising any other country for activities in Africa after all the blood and horrors inflicted on the people of that continent by the UK.
@Robert Jameson as far as i know China is a developing country, whereas I still think China should do this all for Free. Because they cause many environmental issues to African people's homeland
@@صثفدغهنزطنبلتنمشقخحهخغة wow so what is the west going to do for theirs? They should've come and build entire cities for free after what they've done.
Europeans worried about China in Africa? They shouldnt worry the unnecessary. African nations have not forgotten how they were treated by European colonialists and the US Hegemon.
Blaming China for helping African infrastructure in exchange for resources is the same as saying the butcher is selling you his meat because he wants your money... Debt trap 😂😂😂 The West is funny. And their media even funnier 🤣
True. This is pure business. Of course China loan the money for development in order to trade something. At least China comes to do business not destroy the country or change the government.
I can't see any issue with the new wave of FDI in Africa. It's not like the west hasn't exploited the continent at every opportunity over the centuries. The CAP and insurmountable debt compounded by currency parity are some modern examples. China has simply taken the 'trade not aid' slogan and ran with it. Meanwhile the east has become interdependent and independent from it's colonial past and why not? A lack of credible alternatives and overpopulation have made it inevitable imo. Of course, there is a learning curve when it comes to the environment, but it's not like a modern industrial revolution hasn't been on the cards since the turn of the century. Innovation is it's own phenomenon and the west will be caught dragging it's heels in the near future. The needs of the many outweigh the needs of the few.
It’s actually pretty interesting that this video specifically talks about how China had given loans to other African countries, but no one (or very few people) mentions that during the 2009 Financial Crisis it was China who bailed out two European Union countries (if not more), and that the two largest banks of China have been giving out more loans in the past decade than the World Bank itself. That speaks a lot about why the West always complain, yet it doesn’t act. President Macron once asked why did Portugal took a loan from the Chinese, and the Portuguese prime-minister said “There was no one else willing to take up the loan, so we did what we had to.”. The West lost its powers only because they lacked vision and failed to see outside of their box. It may seem like a lie, but the world will be better with China and the US (and in the future, surely, other countries) as superpowers. At that time, no country will have to appease anyone. Each country plays their own cards and plays their own hand, and no one will interfere.
I agree with with in the WHOLE. Though I would emphasise that the Belt and Road Initiative is the ONLY credible DEVELOPMENT strategy out there. The West approach was DISCREDITED even the IMF and World Bank itself as far back as the 1980s . The current proposal "Build back better "is uncosted and is in political trouble in the US Congress. Therefore HOW can the West claim it's a serious partner in ANYTHING?!!
As a Chinese, I hope our country have trade with African countries fairly, not taking avantage from it, and I believe our goverment have been making effort to achieve that, we would love to see the growth of Africa, and I hope China can help with that, love to Africa brothers and sisters from China.
Interesting piece, the West worried cause China has 1 oversees base. Now, should China be worried about the countless US bases surrounding the whole Eastern side of China? I would like to know what China thinks about the extensive American military presence in their neighbouring/proximity countries like Japan, Korea, Philippines, Indonesia, Malaysia, Thailand, etc. Still waiting for that report from The Economist...
I'd be inclined to compliment you on this piece, if you weren't trying to paint China as the villain. It's a transactional relationship with everything that entails. I've yet to see a similar video on Western powers, but I'm guessing that doesn't benefit your narrative.
What’s wrong with telling them to pay China in full? Even if the African nations have the money to build this infrastructures, do they have the machinery, the human capital and the skills to do so? Think about it! I really do wonder how the Economist hire their writers…..
lol all the well documented evil and you pick the most benign thing possible to complain about? It was mentioned in passing, and the video didn't say it was "wrong" at all, just that it contrasts to Western aid programs which often forgive debts.
@zz zz, name one single african country that's not indepted either to the IMF, the World Bank, or certain countries and you want to add China to the bill ? Funny that.
The conflict between China and the United States is structural. China wants development and the United States wants hegemony; China fears that U.S. hegemony impedes China's development, and the United States fears that China's development must threaten U.S. hegemony. This matter has nothing to do with so-called morality or human rights.
Africa is a playground for both the West and China. That's why it's kind of condescending - African countries are too corrupt and poor to project any influence.
@Sky Agree, and that's the main point really. The West blew it and deserves to be ousted. However, I fear that Africans are taking too much of what the Chinese govt. says for granted, much like how they were tricked by the original colonists. I sure hope they know what they are doing and that I'm wrong. It's anyone's guess at his point. But if it all goes well then it's a great win for the world.
Long live China Africa friendship! Westerners regard Africa as a farm or back garden! They have brought 80% debt to Africa, but they have done nothing. With the help of China, Africa's economy is growing, but Westerners are afraid that they can't control their "farm"!－Love from China🇨🇳
Woaw. I never expected such honesty… very true ; China is a fellow former colonial victim of the West, the relationship with Africa began that far back and continues today. Africans are not forced to accept Chinese, they do it out of friendship or for personal gains, not due to ignorance.
@DEx Stev c'mon man do you think people don't know about the boxer rebellion? You guys always lie and say anything to get your way and wonder why we like the Chinese so much
Isn't it surprising (actually it's not) that The Economist produces a 12-minute video on Africa and the video is all about the interests of the West and China, and there is absolutely no mention of the interests of Africa itself? Racism manifests itself in so many ways. This is a disgusting report steeped in colonialism and neocolonialism. Where is Africa in all of this?
They don't care about Africa, they are just jealous of China. Because their generation of westerners is suffering to see the decline of western hegemony.
It's literally the question of the video. Why *would* they talk about African interests if it's not relevant to the question. Also they literally discuss a story related to Ghana and how many there perceive China lol Finish watching the video
I am a Chinese, and I was very moved to see the wise comments from the African brothers. Western countries do not believe in the reciprocal relationship between China and Africa, because they have never treated African countries equally, so they think that all countries will only colonize and enslave African people like what they did. Yes, Chinese loans are not free, but relatively fair. We are doing business with African brothers, we are not condescending charity, charity is one-off, but business can be sustainable. There is a Chinese proverb, it is better to teach a man to fish than to give him a fish. We believe that African brothers and sisters just need time to learn, after all we have been stolen so much by western countries, like time, dignity, wealth
Chinese government does not even treat its people equally. You must know of it, as you are chinese. Racism in China is given. Look at what you have done to your Hong Kong brothers.
And when we ask for loans to help our country the west/fmi refuse to help us but China is always there if wasn’t because of China maybe some of us wouldn’t have a house to live … we definitely stand the China and Russia as well
Chinese are doing what no western company or government is willing to do in Africa and for Africans. The West has always seen Africa as a second class continent with second class persons not worthy of development. The Chinese are dealing with Africans as equals and most importantly as people with development ambitions that are worth of being developed. May be the West should also try to support Africa’s development on an equal footing as partners in development.
The west never saw Africa as 2nd class continent . It was always either 3rd class or 4th class . They have banned sl*very but the behaviour always remained. The west would never help any country unless in exchange of huge resources. Their so called military-peace missions is just on purpose of selling weapons and looting .
I am Asian, and respect China and Africa mutual relation. Africa needs friends to rely on, friends who are not racist like the west white supremacy idea. Africa deserves to build their own country and chose their friends to grow together. Asia and Africa has a wonderful historical background from long ago.
Forget the income from the projects. The point is the projects keep benefiting the population from the get go. For instance, the Addis Ababa light rail network in Ethiopia was built using Chinese loans. For the first few years of its operation, all of its profit went to China. However, since the completion of the project, Ethiopians used it well ans it led to the creation of so much wealth.
@@rubenjooste4383 why dont we in 3rd world countries stop wanting better infrastructure if it's not affordable?People will always a better way of life for themselves and their families and it doesnt matter that government has to take out huge loans to achieve it.
Long time ago, China was also a semi-colony of the West, and its people were in dire straits. We know the pain of the colonial people. However, in ancient China's Tang Dynasty, China was once the world's largest trading country, and the country with the most friendly diplomatic relations in the world at that time. In dealing with The Arabs, Iran, Japan, and Korea, we all respect each other and cultural exchange. This win-win national foreign policy, totally against the colonial policy of the Anglo-Sasson nations, are two completely different civilized values.
Like Ukraine, All countries have freely right to choose their partners. How the West should worry about African countries's choice? If they worry, they should compete with China over the business, investments and helping African countries to build.
This propaganda is to make Africans destroy the continent against Chinese development that's the exactly propaganda they do in Ukraine now Ukraine is on fire.
They are imposing their iron fist 👊 dictatorship of who can be our friend, they want us to follow them like the way they stole our resources and took them to Europe
Interestingly, all those ‘trapped’ by China debt are the fastest growing countries in the continent. 160B sounds a lot. Yet Egypt alone borrowed MORE than that from the west. Yet few of the debt produced infrastructure for the people.
So that we can develop ourselves and have no need for their 'charity' and finally get rid of the white saviour syndrome? Never! What would they be then? They need us on our knees so they can continue to pillage and steal whatever is left.
Without cheap resources from Africa and Russia - Europe is doomed, so it's in their best interest to keep Africa poor and undeveloped. Europe didn't spend a dime to develop anything meaningful in Africa, only mines to extract resources for it's own industries and troops to protect this mines.
@@GreatMan_from_East Nothing as bad as what the west did to india either. The way the indians worship their former colonial masters is uncomfortable to watch. Start by stop calling them "sir".
We need Chinese investments in Africa more than before. Unlike the West, China is improving African countries' infrastructure development. The biggest debt traps are from the World Bank and IMF. AT least China would like to see every country prosper and the deals are on a win-win base, how is that debt trap? Compete with the Chinese or ship out.
West or East, they are for their own INTEREST.... Dear Africans, we have NO TRUE PARTNERS... Let's wake up, let's UNFREEZE the brains of our so called leaders. We have what it takes to be a global power.
You are right. The biggest debt traps are from the World Bank and IMF. The west is talking as though loans from World Bank and IMF are free. Both are western controlled institutions. When they say 'Jump', you have to say 'how high from where we jump down'
Because it is once again China treating africa as a charity case something Africans hate Europeans for doing. Nothing infrastructure wise in africa that is being built is African it’s all Chinese. Once again outside people coming in to build your nation and see them as friends when you are being used
Ofcourse we Chinese people would not only do some charity in Africa，we want to gain the fair return form what we give. In this process, we naturally expand our influence, whether political, economic or cultural. But one thing is certain: we will not engage in colonialism, launch a war, or encourage local countries to launch revolution and follow our way of development. Because the concept of Peace and Love is deeply rooted in our history and cultural traditions. Instead, think about what the West has done to African countries and China in history.
Long live China Africa friendship! Westerners regard Africa as a farm or back garden! They have brought 80% debt to Africa, but they have done nothing. With the help of China, Africa's economy is growing, but Westerners are afraid that they can't control their "farm"!－Love from China🇨🇳
@@今日辱蛙 *to that extend a lot of stereotypes (propaganda) toward Asian communities as a whole as well 😡🤬💥* *so the west can gain just a little bit more advantages over what it sees as its competitors"
And we are all grateful for your investments, one day, whether it be 50 years or 100. Most if not all of Africa will become a global power, not at the same level as America, but it will flourish. Africa and China together will be a strong team and unit in the future. Long live Africa and China relationship!
Definitely it is as Gyude Moore says. The West needs to stop seeing this as being all about the West and China, but to truly see, appreciate, and respect Africa and African people and their place in the world.
America has 500 bases. You have the impression that the economist seems to be the spokesperson of America. Somehow those 500 bases don’t “raise concerns”. High time China pushes very very hard any western nation out of China. As hard as possible.
@@nmew6926 Long live China Africa friendship! Westerners regard Africa as a farm or back garden! They have brought 80% debt to Africa, but they have done nothing. With the help of China, Africa's economy is growing, but Westerners are afraid that they can't control their "farm"!－Love from China🇨🇳
The wesT is not to be trusted. Everyone has been on the receiving end of their bs. It is time for the rest of the world to come together and prosper together.
you think everything out there is a charity or something? Or that China doesn't demand Arican countries follow their own foreign policy directives? Grow up child.
@@RM-el3gw How condescending that you think the Africans are not "grown up" enough to self-determine their own path. It is you, not them, who has their best interests at heart?
Look at these thieves complaining on behalf of Africans, worry about yourselves and your own debt, Africa is a wealthy continent with every mineral resource you can dream of. If Africans choose to give the minerals to China in exchange of infrastructure, so be it.
The fact that people in the comment section are critically thinking and coming to an objective conclusion makes me proud of humanity!!! Africa is an opportunity and a new market for China yet backwater and a collateral geopolitical battle ground for the west. China's relation with Africa is favorable, not because China is overly saintly, bit because they need a new ground tonperpetiate their massive infrastructure building titan to sustain economic growth and create a new market.
@@golodiassaid4879 oh , they don't need to pit ethnic tribes against each other. Africans happily do it themselves, and China sells them arms...as for not interfering sorry, but if they ban a critical article e.g isn't that it ? It's the countries to be very wary and careful dealing with them. There's no thing as a free lunch.
@@golodiassaid4879 Chinese use pressure tactics and gunboat diplomacy instead. They withhold something like food and African nations will do their bidding.
It is the time that USA and Western world to reflect what they've done to African countries rather than just envy the progress achieved by Africans with the help of China and Chinese people
I love how the narrative that China is doing something nefarious, while the US and Europe have done this same thing for years. The US even added states by doing this same thing.
Thanks to China's infrastructure development, BRI and technology development, internet, hospital, shools, College, factories giving millions of jobs to Africans, it's policy of non interference on foreign govt and China becoming a reliable partner and supply of weapons for African National soveriegnty against western colonial power in Africa, Africans no longer need Americans and EU's "aid charity". Long live African China's strategic alliance 👍
Fortunately Africa got China to build their infrastructure that will improve their livelihood. Africa must become a continent that become prosperous and happy in the years to come.
@@CarsonSingclere simple I am making payment to the bank on my house, what would happen if can't pay? It is economics 101, I don't call it debt trap. Simply a business deal..
From the point of view of influence, yes. From the human point if view, one is overjoyed about Africa finally getting ahead without being ripped off with dumping, or bled by wars. It's a rest for the human heart.
1. China promotes the development and well-being of Africa . 2. The West should not be jealous or worried and must not think that they are in dilemma 3. The West should have big hearts and big love so as to show the world that they have the charisma.
Answering number 3... Perhaps. But would Africa ever accept the West? Or would they insist on throwing past transgressions by the West back in their faces at every opportunity?
It’s almost as if the West is somehow the victim here. In giving historical context you forgot to mention the role western countries played in delaying or outright fighting against African independence. When talking about Chinese miners polluting Ghana you forgot to mention how Shell has polluted & corrupted Nigeria for decades. In the section on Chinese political influence you don’t mention how Shell was deeply involved in the trial and execution of Ken Saro Wiwa in Nigeria. When you talk of Chinese military presence in Africa you conveniently don’t mention how many active US troops there are across the continent. The West has been complicit in China’s advances in Africa by their absence and disregard for the continent. Africa is a free market and everyone is welcome to throw their hat in the ring.
The west controls the media to smear China
It is called double standard.
Well said. The only reason the west is concerned is because they know china is actually building tangible infrastructure in Africa instead of jut straight up exploiting the continent like they do all the time. I mean they talk about debt trap yet they loan those same countries billions in loans so they can “fund” infrastructure they know wouldn’t get built yet they turn their eyes away but still come back for those same loans with massive interest. China is going to be welcomed in Africa so long they keep building infrastructure and assets.
Just like they always deny some western countries came to China, to India, to Asia, to “colonize” us all. How many Asian countries didn't have a history of being invaded by western military powers in history, I wonder. “Colonize” here is a nice word to replace all crimes made. 🤔
well said
"It seems U.S. response in Africa were not driven by African's needs; but by the need to stop what China is doing in Africa" Gyude Moore
America has over 800 bases around the World in foreign countries. That is common knowledge. It is better is the two countries can work together. I do not know exactly how but it is better for both countries.. I am an old American economist and have worked in both countries.
@@newaddress456 Are you really a prof and economist? TAIWAN enjoyed a surplus of over 140 billion dollars in trade with the mainland last year and the trade across the strait has increased dramatically in recent years. google for the basic facts. don't blind yourself over your bias and bigotry against China.
I'm sure the people no longer want the help because they know it's not purely altruistic.
@@spacetoast7783 Other countries have pulled the same scam in the past. That is, country X loans money and when country X cannot collect, then the country you lent to pays you back in UN votes you want on certain resolutions and other ways. China is just using the same scam some other countries have used. Nothing new here I am not condoning it. I am just saying how it is. Well take care. You seem like a nice person.
And u think China is in Africa for African needs? lol
"Should the West be worried" worried about what exactly?
Is Africa a province of Europe or America?
Exactly I like this point.
Thank you!!!!
The West should worry that they cannot show their mercy to Africa anymore...
Huh? Nobody said that it was. You need to work on your English comprehension.
@@spacetoast7783 . American here with a four year college degree. The OP is correct. We need worry about our own business. If you're concerned with Africa then feel free to move there.
When is the West concerned about Africa?
Answer: only when China is involved
Will see in the next 50 years.
Both are going to be 2 billions each.
China is buying Africa to feed this 2 billions, someone will starve…guess who will be
great comment
spot on the target, the white egoism
And they literally call Africans 🐒
@@闵恒 It's basically just the last 2 minutes of this video
I'm Kenyan and I can say that most the economic growth we've experienced in the last 20 years has been driven by China's growth and investment in our country. It's human nature to have best Interest at heart but we have tangible results for everyone to see.
I am from Uganda 🇺🇬 and I agree with this too.
China is not helping Africans for free?
But the western media and politicians want you to think the opposite.
Wacha mchezo wewe...
You'll just casually ignore devolution, multipartysm and other local factors?
Most of the benefits of Chinese infrastructure we won't witness anytime soon...
China is just one factor, thank Pax Americana for the global free platform that made wealth possible since PR China joined the WTO in 2001.
If the west is worrying about China, maybe its about time for them to do some self reflection on what they did wrong toward all non-western nations.
@t wood, perhaps it's time for africans to ask where all that money went ? And what they are doing about that instead of complaining always.
Oh wankology
@@coucoubrandy1079 maybe colonialists should ask where all the money resources they exploited went. And stop crying about rise of global south and china all the time
uhhhhhhhhhhhhhhhh...................?
@@asoret9026 what global South ? With the climate change and dictorships, is that your answer ? China says that they want to fight against it, and at the same time open up 106 coal mines. Lovely. Nice try, troll !
I'm an African and I will say we should rather worry about the West rather than China.
I would rather we follow the east than the west but to be honest I don't think any of them give a sting about us we are just caught in the middle of a geopolitical war
Yes!!!! WELL SAID.
CHINESE BOT.
@@foreignfrogger3293 I'm also supporting China rather than west so I'm Chinese bot🤣🤣 you guys are soo amazing
@@maclie7078 Chinese Bot.
Remember, this video is from the perspective of an American. Africa needs such projects. It doesn't need empty promises, endless wars, puppeteering and aid dependency. China has built Botswana, Africa's modern success story.
Check the last 2 minutes of the video
When China visit us ,they talk about trade
When US visit us ,they talk about China
But you're from china tho...
well
@@WIllz2GOTA yow how's your sleepy joe
@@WIllz2GOTA "That's why they call it the American Dream because you have to be asleep to believe it" - George Carlin
bingo.
We are building a mutually beneficial relationship with China. Africa is where China was 30 years ago, the Chinese see the potential growth and want to share in it. The west sees Africa as a charity case which cannot function without them. As Africans we are smart enough to see the difference and welcome any nation that wants to hold hands and develop together. With china’s wealth of infrastructure knowledge and socialist nature, it translates well to the African continent. Deals made on our terms that benefit both China and Africa will always be welcome! Africa is not a charity case and we are not helpless, we don’t need protection from the west, in fact it would benefit us more if we drove the west out of Africa completely. The west got rich off our minerals and natural recourse and now centuries later point fingers and call is incompetent. The west is fine with Africa on its knees, China seems to think we can go further together in partnership.
why the lack of transparency then? if its beneficial for all, why so secretive with policy, amounts that are lent and penalties?
@@dupeshway It is the west's style to openly and unabashedly create deaths and destruction without any moral qualms whatsoever. If there was to be a deal between China and any other party, what rights do you have to be privy of it?
There are no mutual beneficial relationships with China, Russia or the west.
In Congo, kids work in mines and Congo does not gain from the wealth of colbat
@@dupeshway the West is just jealous
I hear from someone living out in South Africa who tells me that there is a new buzz with the younger generation of Africans. She tells me they want to get educated and are into technology and stuff. Could this be the Chinese influence? There is nothing quite like setting the example for Africans to follow.
Western countries don’t really care about the interests of African countries. They just don’t want to see that China is so influential in Africa.
china has no intention of ever building military bases in africa.
do you think china cares about the interests of African countries more?
@@obie2013 China doesn't care about Africa's economy, why do Chinese companies still invest in Africa? Are you a capitalist or a philanthropist?Oh, do you want to invest in a country with no prospects for development?
@@obie2013 I'd go with debt traps any day as opposed to organized coups, armed rebels, and assassinations of leaders.
@@obie2013 Yes I do think when China invests into these infrastructure they ultimate beneift goes to the African population.They wanted to build a Unified African Market like the EU and even in that respect China is doing as best as they can to improve their connectivity issues, their energy infrastructure and to build the supply chain for the future. As China advances into Advanced Manufacturing, more jobs are on the Africans Way but but they need to make sure that They Too can benefit from the Globalisation of The Trade. There are so many countries in the world vying for markets around the globe but it is in the hardwork and determination as well as aspirations of billions of Africans who will help them transform from an Underpriviledges class of ethnicities to the most Priviledged Class in the World. We Chinese want to see that happening before our eyes and i hope you guys keep working hard. As the Chinese Proverb goes," Teach a Man how to fish and He will eat for a Lifetime." We are teaching the africans to fish for the world market and they will eat for a lifetime.
I checked many comments, really happy to see most Africans has a positive attitude about the cooperation between chin and Africa. As a Chinese, we have been told that we were brought in to UN by brothers from Africa. Chinese appreciates the help and we love to help when we have the opportunity and strength
Don't worry we appreciate China alot . we share alot in common than others think, We love the genuinely.
Yup, African countries band together to help China to get into the UN.
The West will continue their neocolonialism (their current colonialsim, thats extended from their past colonialism), as long as they possibly can until Africa fights back (which hasnt been done greatly so far).
With this setup, Africa has the leverage because they go the Wests enemies because of the Wests Extreme cruelty, now the West is in begging mode because They NEED AFRICA (hence leverage).
most africans hold a very positive view of the chinese 😊
Of course. Chinese old proverb: When you received a drop of water, you should return a spring of water.
If Western lenders were more accommodating as this video claims then Africans wouldn’t need Chinese loans
they put money in China where is much safer and guarantee but criticize chinese to earn some risky money
like russias current war that is causing these countries to be unable to import grain that china refuses to condemn? hmm...0
True bro
Yeah lets loan poor nation money, that has no way to pay it back. Africa is a losing investment.
No, it's because the West has ethical standards. It's easy to deal with Authoritarian regimes - that's why all the dumb countries chose China. It was easy and popular. In the future, Africans will hate China for this. Trust me.
As a north African Why should West worry that it's not his land and it's none of his business
🇹🇳🌹🇨🇳
@Limon Cello Africans probably know what's best for their own continent than an American who probably avoids other Americans of African descent like the plague.
The west controls the media to smear China
@Limon Cello Even if they are the new lords they are significantly better than the old European lords.
@Limon Cello as Chinese i never say hello to the new lords, maybe you did but we didn't and we never need to say hello to him .
you don't see the bigger picture do you? you're gonna find out the hard way.
I'm Ghanaian too. Sometimes be a little fair and circumspect in your reporting. The Chinese built the Atuabo Gas Processing plant for the country. And today every Ghanaian wants to work there because they pay around $2000 a month. Most companies in the country pay less than $500 and some as low as below $100 a month. Tulow and Cosmos oil have been in Ghana since 2007, they haven’t bothered building a small refinery for us. They take the oil, pay our governments it's due share and keep the rest. Is that also not exploiting?
The west just doesn’t want Africa to become economically strong so they can loot the minerals and resources while giving the local pennies!!
Do they give you Ghanaians job in that Atuabo Gas Plant?
@@dennythedavinchi3832 yes please. They built it for our government. Their minimum salary is $2000/month.
On longterm you will suffer, because China is an autocracy.
@@swugjay7189 That is quite a lot.
More than a lot of people here in the United States.
We Africa don't beef with people giving us infrastructure and helping us. Long live CHINA from Nigeria 🇳🇬🇳🇬🇳🇬💪🇳🇬
The “west” should never utter the word “exploitation” EVER
Colonization is in their blood. In their deep consciousness, Africa should listen to them, do what they let them to do. 'China is our enemy, you are not allowed to be friends with them'.
And yet, you are welcoming it again LOL
@@TheAcadianGuy i mean atleast its better getting exploited by china and they build infrastructure while the west exploited and gave nothing in return except hunger and weapons
@@TheAcadianGuy
Sure, as a person from the West myself and a person that's actually researched the history of Western Colonialism's explotation of the continent. The British where responsible for debt trap colonialism by buying South African lan illegally through Europeans without consulting Africans yet blame China for doing the same thing, even though China's yuan is worth 10x less than the USD and even less than the EURO. Basically making the debt 10x more affordable then trading with Europe today.
@@TheAcadianGuy Plus, China hasn't tooken over African territories. Think about it, why in the world do you think the African Union has a Treasury. To deal with continental debt or other crisis's. So far there hasn't Africa hasn't even been a 10% deficit of debt in every Afro-China trade participating country. Plus African governments problems are not our problems just like our problems aren't the world's problems, the Africans government if they get in trouble let their resources handle it
As an African I'll always welcome Chinese investments over American weapons
yessss, we don't need weapons, but infrastructures & investment that's.
let them keep theirs weapons.
Well said.
We don't need weapons here, we need money for infrastructure
uhm I guess you haven't seen racism for sale by BBC. Chinese people exploiting African children
Not to be critical, well actually I am, but what about the Chinese weapons that they mentioned? For reference, it’s around the 5:30 mark
“China expect its loan be paid in full”. Duh. Isn’t that the meaning of loan?
China knows corruption and the uselessness of money, it's already a mess within the country with the invasion of foreign moneys/us/uk's bubbles, they want the relationship with africa and the development of africa to let the west take less advantage of the honest working ppl.
Money is never the point, money is never invented for the sake of moeny, mate.
China restructures and partially forgives loans all the time. This is easily confirmed even on western media outlet coverage of Chinese loans.
western loan no need to paid in full because they just print out of thin air
actually, the aiib is the most lenient lender. they are using extra dollars from trade surpluses.
No interest charge ?
About Africa, the west should be ashamed instead of being worried.
China is interested in trade and builds roads and infrastructure. US and western Europeans are interested in regime change and bring in arms and sanctions...
The choice for Africa couldn't be simpler!
As a Kenyan China companies have changed the game in infrastructure development to the top it comes with challenges but the ppl benefit more.
for real, I think the world has had enough of their BS.
Didn't they just vote $53 billion to war in Ukraine?
This is why China loves Africa. United States of China in Africa is on the way.
Curious to see what China will do once African countries start defaulting on their debt, like Sri Lanka lol
US has nearly a thousand of military bases throughout the world. China's 1 military base is turning the West upside down 😂
Sir, it's called World Police with UN mandate.
Not to mention that the US also had military bases in China itself. The US already have lots of bases surrounding China..When they want to attack China, it will be easy. That's why China is building their defences. Long story short: western countries can do what ever they want. But when China does something ( not even bad ), they put in the badguys spot. Helping Africa is bad to the westerns. Africa says it otherwise.
A thousand military bases! Since the end of World War II, 248 armed conflicts occurred in 153 regions in the world, of which 201 were initiated by the USA-led Capitalist Western bloc. The Capitalist Western bloc initiated all these armed conflicts for their very own interest, first and foremost.. [For hard truths, pls read the informative insightful multi-pages 'Ole Fella' comment at.,"China-US tensions: A closer look at the Five-Eyes intelligence partnership / CGTN"].. For instance, Colonialist-turned Capitalist Imperialist Anglo Western bloc''s 15 years of war in the Indochina war was all about RUBBER that the region produced around 80% of world supply in those days. Around 5 million innocent Vietnamese and 6 million Cambodian citizens died due to the direct and indirect effect of war.
Their war in Iraq was all about OIL, and 20 years of Afghan war and occupation was for RARE EARTH MINERALS. Around half a million Iraq and over one hundred thousand innocent Afghan citizens died as the result of wars.
China is there along with USA, and France to battle the pirates. It is an UN mission.
@@iche9373👈 BS
Glad to see many people are aware of media's one sided reporting. If US really wants to help African countries it has to offer a better deal to them than trying to prevent China.
It won't
Well tell your people to stop coming to the USA...we don't want or need them here.
I am a young man from China🇨🇳， and i have a China story.
starting with the debt issue:
When you owe the bank 100 dollars, it's your problem😑. When you owe the bank 100 million dollars, it's the bank's problem😄.
People need to think clearly about what they want. Do people simply think Chinese people have money and envy them? That's right, it took two or even three generations of people to work for more than 10 hours, 12 hours or more.
Since the Qing Dynasty, we have been beaten and looked down upon because China is lagging behind.
Until today, China has finally achieved what it is today, but it is still looked down upon by many people, people don't want to believe us, people don't want to listen to what we have to say.
OK, Now we want to help others, still suspected, we know, to pick up the crown, first need to learn to bend down, the crown is very heavy, so it will be difficult to straighten up....
Let's go Africa！ I'll see you at the top！👊
@@matthewchen5654 let's go China 🇨🇳
Agreed. China comes to construct, US comes to destruct, that's what people said.
Really nice to read the comments by citizens from the many African countries here! Very informative!!! Thanks to you all from Brazil.
US military bases in Africa: 29
Chinese military bases in Africa: 0
Russian military bases in Africa: 0
Who would you trade with?
@@NoreenHoltzen not the US
@@NoreenHoltzen All of them 😝
@@NoreenHoltzen ruSSia has thousands of troops in Africa: for reasons of 'trade'?
Xina has build a few ramshackle roads and bridges in Africa:
in order to exploit the continent at greater speed.
No wonder many Africans flee their continent to seek refuge in Europe.
So easy to understand China’s logic, if more and more African countries getting developed and bigger middle class population can boost the whole trade and living standard of each other, plus stronger Africa can help break the west hegemony. Create multipolar world is way to human peace.
Yeah thats what Sri Lanka thought and here we are. Not to mention pakistan is next
@@sb_____ Go look into Sri Lanka’s debt and see who are the major holders.
@@zsarimaxim692 Sri Lanka's new government foolishly tore up business contracts with China
A strong Sri Lanka can break India's hegemony.
@@sb_____ Sri Lanka’s debt: Market borrowing 47%, Asia Development Bank 13%, China 10%. Japan 10%, World Bank 9%, India 2%, Others 9%.
When the Europeans were taking away the resources oppressing the people it was okay but soon as China 🇨🇳 is helping Africa to develop it’s a problem.
No, it‘s not ok what some Europeans did. At least that‘s what we get taught in school in Switzerland, but I do think Europeans generally lack empathy for the African people and the Asian people. They can be racist and ignorant, however, Asians and Africans can do the same. So just because Europeans are not involved does not mean there can not be tension. I think getting more engaged as Europeans in a productive way would be cool and if China helps developing Africa and does not hold them back that would be great. The video also ends with the conclusion that they maybe should start caring more. I do think Africa has a lot of potential.
We can't change what occurred in the past. We can only steer the present.
I don't really understand the dynamics and complexities of economics, but hold the view that most continents have commodities that others need or want, thus, the need for fair trade that benefits both ends. I personally can't use Africas gold in any meaningful way.......it's of no value to me.
The reality is:- the world needs Africas (among others) resources, and Africa needs things imported from the world like food, beverages and manufactured goods. So with the consent of both sides, a trade deal that's fair again should benefit both sides.
@@noelgibson5956 Africa needs to be self sufficient
@@noelgibson5956 Centuries of Western engagement in Africa. They came and took all the natural resources and even used the people to be bred as beasts of burden. The Western nations are the richest in the world and the African nations the poorest. Don't preach to me about fair trade or say the past is the past.
why do you think those situations are the same? honestly. explain why.
Should the West be worried that people try to develop their countries?!
This should have been the title of this video.
Precisely
Lybia
In my opinion both sides are to blame but if the west hadn't killed gaddafi much more of Africa wouldn't need China
😃
Chinese loans come with infrastructure... while European loans come with lectures
😂😂😂
The best Analogy..
Worst is most Western loans are never for infrastructure. Once Africa received the money, they can never repay these loans from the west as there is no infrastructure to help Africa improve their economy. You can build a factory with empty hands! You need roads and railways to transport products to ports for export to make more income for the country. This is where the west loans never helped Africa.
You are genius! Great comment!
这次的贷款是用作归还上一次贷款的利息😂😂😂😂
Africans have not forgotten when the west was actively supporting Rhodesia South African whites Portuguese colonials, china built the railway to help Zambia ship it's products.China gave military training to African fighters while the west gave nuke bombs to south africa.
We are not idiots who easily forget.
The West didn't give South Africa nukes. South Africa built them with the help of Israeli scientists.
Don't forget the mercs still operating in Africa as we speak rn...
@@rimacalid6557 You mean the russianss?
Long live China Africa friendship! Westerners regard Africa as a farm or back garden! They have brought 80% debt to Africa, but they have done nothing. With the help of China, Africa's economy is growing, but Westerners are afraid that they can't control their "farm"!－Love from China🇨🇳
WEST NOT ONLY PILLAG E COUNTRIES BUT DIDNT BUILD ANY INFRASTRUCTURE TO IMPROVE NATIONS^ ECONOMIES!!!!
America has more debt than the whole 54 african countries have . China has done impressive projects in the continent which the West ignored for years to offer a helping hand . 🇰🇪🇨🇳
🇰🇪🤝🇨🇳 milele mpaka mwisho!
Long live China Africa friendship! Westerners regard Africa as a farm or back garden! They have brought 80% debt to Africa, but they have done nothing. With the help of China, Africa's economy is growing, but Westerners are afraid that they can't control their "farm"!－Love from China🇨🇳
@@mrcapybara3579 Long live China Africa friendship! Westerners regard Africa as a farm or back garden! They have brought 80% debt to Africa, but they have done nothing. With the help of China, Africa's economy is growing, but Westerners are afraid that they can't control their "farm"!－Love from China🇨🇳
@Phil and what are the results? As you've seen Chinese debt trap has done more economically for the continent that the food and medicine you send to a few rich guys who use it to keep people in line or sell to other countries for a buck... Chinese framework is to build infrastructure for loans this way everyone wins...and there's evidence of progress
美国人给的贷款是用作归还上一次借款的利息😂😂😂
I'm emotional about Africa's relationship because all we have ever wanted was mutual respect from a business partner, as business partners and as human beings and in China at last we have that. In this sense, China and Africa think alike. It's a wonderful partnership already producing much better results for the African economy. I'm just sad it took so long for Africa to break free from it's exploiters and abusers and as a result I will only see the tail end of the fully developed Africa I should have seen all my life. My parents will never see it. Thank you China. Peace and love
Yes but we can still negotiate a better deal to avoid problems in the future and we've to be very care with Western military bases around Africa because all the developmental achievement we gain can be destroy by sponsored terrorist and regime changers funded by Europe and America.
@@watchingthehawks355 Allow China to provide a Security Cover in the future. We will protect you.
Africa should always aware of China's lies,as china did to Australia
谢谢你，很感动，我也爱你们，希望你们幸福🥰
@@rosee9135 who are you and from which country?
China have always had a friendly trade relation with Africa, going back to the 1400's. When Westerners got to Africa, it was very unpleasant for Africans. While US has 27 military bases, France has 6 and Britain 7 in Africa, why so concerned with 1 Chinese military base. China builds infrastructure bringing economic opportunities for both countries. US government funds anti-China propagandists in Africa as well, so it is hard to know if the anti-China sentiment by Africans is genuine.
Absolutely CORRECT and true
Are You talking about Zheng He?
@Astrophageyep Yes, Chinese Admiral Zheng He led diplomatic expeditions and developed trade relations across the globe, including in east Africa, by the order of the Chinese Emperor. With 30,000 military guards sailing in largest navel fleets at the time, yet the Chinese did not harm anyone. On the contrary, nations that did trade with China found that they became more prosperous. Today, we see China is still carrying out the same kind of trade and diplomatic missions worldwide.
One simple question from a citizen of the world : When the west, which occupied and colonized the entire African continent for centuries was at its zenith from 1960s to the 2010s, what did it do to assist Africa?
It was involved in more wars to exploit the resources but no real effort was made to help African progress..
China could not help much in for a while as well, except to help build a rail system in Zambia even while it was impoverished. When China started to assist more starting from the 1990s, Europe got alarmed.
Why ? You Europeans didn't give Africa a thought, much less any useful assistance for decades.
And yet when others started to get involved, your politicians started to smear and make accusations.
You didn't help for a long time and now you're trying to stop others from helping?
And you call yourselves Christians? Where were you when needs were unanswered for decades?
Why didn't you extend your hand to help? Now you're worried others might do what you've done for centuries
and you're casting others in your own mindset and ideology. Don't stay callous. Act like Christians.
We did a lot of wrong doing in Africa. But poverty and underdevelopment is usually caused by conflict, weak governance and corruption. When the western colonizers left they where simply replaced by corrupt african leaders who could now fill their pockets or conflict broke out. And keep in mind China is building your infrastructure with Chinese companies and labor. Little knowhow is being transferred so after the bare hanging fruit is plucked by building infrastructure can Africans than grow businesses by themselves?
Christianity is middleeasterns and part-African religion , facts , look at it's origion , background , History , and actually READ the Bible
The bible is busy talking about , Israel , Egypt ,Palestine, Syria , Nubia , Ethiopia , , and rome ofc but not other Europeans ,
Please act like Communist. by the way, China needed African votes for entering into UN and their support for any issues in the UN.
@@_F_Y_ so?
The Economist should ask the Western nations, why did they not do what China has achieved over the years. Since the African nations was once ruled by the Western nations, they did not helped the African people, they undermine the African nations by stealing their raw materials when Africa was under the Western rules, they did not build enough school to establish education for the African people, if education was established earlier, then the African people will be better equip to due with the progress of their nation.
yes indeed. china builds roads, ports, develops new business. no military bases like the US.
The fact is western do not care what happens in the world (by world I mean the not only EU and US, but all 7 continents), until China starts something somewhere. If that happens then suddenly the Western is concerned about it.
Instead they went with foreign aid
@@wrestlinganime4life288 Foreign aid in exchange for resources
@@JcoleMc no, that makes them dependant and benefits only foreigners as opposed to the local.
AID is nothing more than a form of neo colonialism.
If western governments are worried about the morality of the Chinese loans they should solve it the capitalism way and create competitor loans they can check. I mean in this piece there is a part where people are arguing that China asks the loan to be paid in full as opposed to more lenient loans from the west. That statement is by itself ridiculous because 1. African countries are not beggars or children that require the charities of the west which by the way have never disclosed how much money is made and how much is given away. And 2. Predatory loans are like a staple of capitalism and a very real thing in the US you know student loans, medical loans, housing loans all of them had been the cause of mayor impacts in the lives of their population was is not the 2008 housing market crash because of poorly managed loans.
Average mortgage loan interest rate in the US: 5.34% for a 30 yr fixed loan. Average student loan in the US: 5.8%, federal 4.12%. Hardly predatory.
@@josephlong8549 that's why many Americans complain about student loans, is it not?
It's also an obvious lie. The Chinese restructure their loans all the time and provide loan forgiveness in times of economic downturns. The very idea that the Chinese demand that their loans are repaid in full is countered by even western media coverage of Chinese loans.
@@jasonjean2901 Here's 50 yuan for your post, 50 Cent Army troll. Loan forgiveness? Nope. Forclosure on assets -- which is what Xi's dictatorship really wants.
@@josephlong8549 What's up troll? Happy trolling!
Worried that Africa is getting help to develop.
What you're meant to see is indeed: Africa is getting help'.
The reality behind this 'help' is much less Xinese selflessness.
@@lichtloper are you a comedian by any chance?😆
Instead of worrying about China 🇨🇳relationship with Africa you should be asking what has the west done for Africa in the past few years just to start 🤔
or ever for that matter.
Nothing
Long live China Africa friendship! Westerners regard Africa as a farm or back garden! They have brought 80% debt to Africa, but they have done nothing. With the help of China, Africa's economy is growing, but Westerners are afraid that they can't control their "farm"!－Love from China🇨🇳
@@siamcharm7904 *I think they did human trafficking 🤣 for couple of centuries or so 🤣*
*👍 Leveraged their early industrialization and the real superpowers are sleeping 🤣*
@@今日辱蛙 *I think they did human trafficking 🤣 for couple of centuries or so 🤣*
*👍 Leveraged their early industrialization and the real superpowers are sleeping 🤣*
The title says it all "Should the West be worried?" and not should Africans be worried
Cuz it's western centric pov lol
If the african nations are taking those loans is because they are not worried.
And the title is a question. "Should the west be worried?"
meaning that the video is a response to that question, that could be positive, negative or inconclusive.
Its like saying: "do you want tea?"´and then someone says : "that's so tea-centric, you should be asking if I want a cup with a beverage"
western centric pov, the west powers still have illusion of colonizing
If Africans aren't complaining, why should the West?
One thing this kind of reporting ignores is the fact that Africans can think for themselves when making these deals. What if Africa is actually leveraging it's resources to get infrastructure built. Besides Western dominance doesn't have a future without Africa's resources both mineral and population.
they don't care about as they are more worried that they are lose grip in african.
West policy decisions on Africa not on Africa's needs but on China's growing partnership with African countries
@@elangbam3115 yeah partnership I already can see the chains of that partnership in Africa's neck
Africa is historically corrupt with and education system that is very poor. I hope the decision that they make is the correct one. I suspect they will be used and the poorest will be abused to the fullest.
The Chinese can’t continue these projects without the guarantee of safe sea lanes provided by the American navy. The US is pulling out of the Indian Ocean and already piracy and international shipping seizures are on the rise in the region. Also the US doesn’t really need African resources, it’s one of the most resource independent countries on Earth, the Europeans on the other hand…
It's funny how China building infrastructure in Africa seems threatening to an average European/American guy in RUclips comments section.
Did you fall asleep during the middle of the video? It’s not as simple as building infrastructure
@@BobSmith-ql7fb well as african its better than western Debt so
@@bukhariapdelahi7072 that is fair, just trying to point out that media and political control should still be viewed as a threat. Here in the US, we’ve allowed corporations to wield way too much power and while they do drive our economy forward, it comes at the cost of political freedom. There are industries that need reform here that now feel untouchable politically, including our military. Would not want to see the same happen abroad with a foreign power having that much control, but if you think that doesn’t apply here, I can respect that. All the best 🤝
@@BobSmith-ql7fb i agree with you
Because they have been brainwashed by the CIA
Why not US OR WEST provide Africa with Better options like more flexible loans. Cheaper railways and infrastructure etc. West isn’t doing it because they want Africans to stay a charity region, and China want stronger Africa economically and militarily . Keep in mind China is not a welfare organization or non profit organization. They are doing business to gain profit and influence and in return Africa will get developed and change their lives. West doesn’t see Africa as a successful countries. They don’t even consider them humans. They want to keep Africans poor so they would never know how to process their own resources. Example they want to keep buying cocoa and make produce chocolate in their own countries like Germany and France . They don’t want Africa to process chocolate themselves and sell chocolate to west. Same thing goes for oil, gold, cobalt, lithium and diamonds
I want African Chocolate in the EU!
'Western concerns are understandable" I hear you say? What about the needs and concerns of Africans? No, western concerns are not understandable. The majority of Africans are not complaining. I dare you to take a poll between French and Chinese perceptions in Africa for example. Africa is chronically lacking in physical infrastructure--a highly statis prerequisite for economic development. China is helping Africa build it.
Technically it is understandable. The West is concerned they are losing their ATM.
Yes. Very true. This report just seems to want to fear monger by colonialism. “Keep them down because it’s always been like that”. China has outmatched the west by giving them what they want for neutrality, instead of oppression and restrictions from the west.
“To fight and conquer in all our battles is not supreme excellence; supreme excellence consists in breaking the enemy’s resistance without fighting.”
-Sun zi
Technically Africa is part of the West. They are remnants of Western empires much like the USA used to be part of the British empire. They adopted Western values like democracy. I think most Africans would rather keep their Western values like the right to vote in their elections rather than adopt Russian and Chinese modals of autocracy.
@@fedorburns8661 I doubt it. Especially how hypocritically the west has shown to use Democratic ideology for its own gain vis a vis African nations. Their societies are still highly patriarchal so autocratic rule isn’t out of the question by any means. They will follow what benefits them as a people, not what they’ve been forced to accept at gun point.
Imagine the height of hubris for Western countries, especially America, to tell China that their investments in Africa are too imperialistic.
We’ll see once African countries defaulting on loans, like Sri Lanka
@@Kvasiir China has offered “a few hundred million dollars” in lending to Sri Lanka to help alleviate a shortage of essential goods in the crisis-hit country at present. It is considering offering a $1.5 billion credit facility to Sri Lanka as Sri Lanka has to pay $4 billion worth of debt this year, including a $1 billion international sovereign bond maturing in July.
China wants Sri Lanka to get back on its feet and supports crisis-hit Sri Lanka's decision to work with the International Monetary Fund (IMF) to restructure its debt. It is no fan being trade partner with a country with nothing to offer.
Wait a decade to find China has created new tributary states.
@@Kvasiir japan has lend more loan to sirlnaka than china
Do some research befo commenting cia shill
@@Kvasiir if China gives a lower interest rate why shouldn't they take it?
They aren't kids like you. They go through the agreements before deciding who gives better option.
None of you business what Africa does
Long live China and Africa relationship.
The west want Africa to remind poor and dependent to them while China is expolaring trade relationship.
thanks!China's pro-Africa policy originated in the Mao era and united the third world (Asia, Africa, Latin America, developing countries in the modern context)
Peaceful support for Africa is considered to be the remaining communist ideal of China, a capitalist country
China is an "exploiter" exploring Africa to colonize it..Figure it out ..
For centuries the Europeans conquered, enslaved and looted Africa leaving it to utter poverty. Now as time changes it is China's turn that helps Africa build amazing infrastructure like modern roads, railways and ports. Though it all make Africa indebted to China as they have no option. The modernisation of infrastructure will lift up millions of Africans out of poverty gradually opening windows for new opportunities. As far as the huge debt is concerned, in every country the coroporates are doing the same. Now the West is desperate and jealous of China, that's it.
Did you even read what you said like come on. The reason you are welcoming of China is a complete retaliation of the west but in the end China will be your new colonizer because you will be INDEBTED to them as they are building 90% of the infrastructure in africa. Who does that really benefit if you are indebted to someone other than yourself.
Africans are still in great amounts of debt imposed onto them by the West....
People don't realize that there is no way forward without spending money. Unspent money is worthless money.
Western countries must be jealous of the progress China is bringing to Africa. At least China treats African countries as partners and helping countries develop infrastructure.
"partners" yeah.
@@stephenrose9157 yeah compared to the west it actually does
@@stephenrose9157 trade with China has its negatives but the west arent any better
@@itookurmomlastnight6089 West are 1000 times worse
@@rajeshkumarm6441 not a 1000 times but the americans and the west in general are a 1000 times worse
The fact that Economist chose to pick 1-2 project that has negative impact and completely ignored 100 other project that provided essential infrastructure (positive impact) for Africans speaks volumes about their intention. Moreover, even the bad sides are speculation such as "they might do this", "they might do that" etc.
If china 🇨🇳 is in Africa, why should the west worry? Is Africa part of the west? Africa need development which it lacked for many years since independence. Now china is bringing development in Africa, why should those who underdeveloped Africa worry about its development????? The world loves 🇨🇳 ❤👍👍👏👏
❤exactly
The complaints of the publisher are mostly GROUNDLESS. The West has had 400 YEARS to examine it's CONDUCT and TREATMENT of Africa and it's peoples.
Neither China nor Africa is getting paranoid of Western intentions or conduct EVEN where BOTH have SUFFERED.
The West needs to GROW in Global affairs and outlook.
Surely the Earth is CHANGING and Maturing. Shouldn't the West do this too??
Yes! Now if everyone was more respectful of one another...
@@ChadSimplicio Thank you very much
what are you talking about bro are you ok?
@@gozulumii4439 Your STUPIDITY is your Reward
@@gozulumii4439 he's just okay, you just don't get it lol
Imagine a British establishment newssheet criticising any other country for activities in Africa after all the blood and horrors inflicted on the people of that continent by the UK.
I'm glad to see countries like China helping Africa. China isn't perfect but which country is.
@Robert Jameson is your home mortgage debt trap too?
@@greywolf2004 well said
@Robert Jameson as far as i know China is a developing country, whereas I still think China should do this all for Free. Because they cause many environmental issues to African people's homeland
E west laid e bad 👎 😳 😍 debt traps 50 years ago, couldn't pay e loan until today. Just imagine 🤔 👎 👃 👎 👃 it turned into dead traps!!!☮from e west,,,
@@صثفدغهنزطنبلتنمشقخحهخغة wow so what is the west going to do for theirs? They should've come and build entire cities for free after what they've done.
Europeans worried about China in Africa? They shouldnt worry the unnecessary. African nations have not forgotten how they were treated by European colonialists and the US Hegemon.
+120 social credit points have been transferred to your account!
Thank you for fulfilling your official party duties!
Blaming China for helping African infrastructure in exchange for resources is the same as saying the butcher is selling you his meat because he wants your money... Debt trap 😂😂😂
The West is funny. And their media even funnier 🤣
Well the west believes everyone who is not like them isdumb.
It’s funny answers
True. This is pure business. Of course China loan the money for development in order to trade something. At least China comes to do business not destroy the country or change the government.
I can't see any issue with the new wave of FDI in Africa. It's not like the west hasn't exploited the continent at every opportunity over the centuries. The CAP and insurmountable debt compounded by currency parity are some modern examples. China has simply taken the 'trade not aid' slogan and ran with it. Meanwhile the east has become interdependent and independent from it's colonial past and why not? A lack of credible alternatives and overpopulation have made it inevitable imo. Of course, there is a learning curve when it comes to the environment, but it's not like a modern industrial revolution hasn't been on the cards since the turn of the century. Innovation is it's own phenomenon and the west will be caught dragging it's heels in the near future. The needs of the many outweigh the needs of the few.
It’s actually pretty interesting that this video specifically talks about how China had given loans to other African countries, but no one (or very few people) mentions that during the 2009 Financial Crisis it was China who bailed out two European Union countries (if not more), and that the two largest banks of China have been giving out more loans in the past decade than the World Bank itself.
That speaks a lot about why the West always complain, yet it doesn’t act.
President Macron once asked why did Portugal took a loan from the Chinese, and the Portuguese prime-minister said “There was no one else willing to take up the loan, so we did what we had to.”.
The West lost its powers only because they lacked vision and failed to see outside of their box. It may seem like a lie, but the world will be better with China and the US (and in the future, surely, other countries) as superpowers. At that time, no country will have to appease anyone. Each country plays their own cards and plays their own hand, and no one will interfere.
@@manuelsousa well said.
I agree with with in the WHOLE. Though I would emphasise that the Belt and Road Initiative is the ONLY credible DEVELOPMENT strategy out there. The West approach was DISCREDITED even the IMF and World Bank itself as far back as the 1980s .
The current proposal "Build back better "is uncosted and is in political trouble in the US Congress.
Therefore HOW can the West claim it's a serious partner in ANYTHING?!!
next seri langka?🙏
Maybe you should change your glasses to see more details
As a Chinese, I hope our country have trade with African countries fairly, not taking avantage from it, and I believe our goverment have been making effort to achieve that, we would love to see the growth of Africa, and I hope China can help with that, love to Africa brothers and sisters from China.
love to you too
😂😂😂
@自觉守法 请勿翻墙 There are a lot I believe.
Thank you my brother from the other side of the world
As Africans we have truly benefitted from our partnership with you guys. You are truly making the world a better place
Interesting piece, the West worried cause China has 1 oversees base. Now, should China be worried about the countless US bases surrounding the whole Eastern side of China? I would like to know what China thinks about the extensive American military presence in their neighbouring/proximity countries like Japan, Korea, Philippines, Indonesia, Malaysia, Thailand, etc.
Still waiting for that report from The Economist...
Last time I checked USA was invading Somalia so don’t talk about China
Somalia only.... the list goes on on the countries it had invaded
US cold war KILLED at least 30 million people .
I'd be inclined to compliment you on this piece, if you weren't trying to paint China as the villain. It's a transactional relationship with everything that entails. I've yet to see a similar video on Western powers, but I'm guessing that doesn't benefit your narrative.
It's the Economist. They've been writing the collapse of Chinese economy since 1996. Somehow 20 plus years later, that still haven't happened.
What’s wrong with telling them to pay China in full? Even if the African nations have the money to build this infrastructures, do they have the machinery, the human capital and the skills to do so? Think about it! I really do wonder how the Economist hire their writers…..
the economist is a mere shell of what it once was. cost cutting has greatly reduced quality.
Thank you china for saving my 3rd w0rld c0untry inddia by donating oxygen,ventilators,medicines,masks and vaccines during the covid waves.
lol all the well documented evil and you pick the most benign thing possible to complain about? It was mentioned in passing, and the video didn't say it was "wrong" at all, just that it contrasts to Western aid programs which often forgive debts.
@zz zz, name one single african country that's not indepted either to the IMF, the World Bank, or certain countries and you want to add China to the bill ? Funny that.
@@Superpooper-2020 China sold the medical supplies, not donated them. I'm sure honesty isn't your strong suit.
The conflict between China and the United States is structural. China wants development and the United States wants hegemony; China fears that U.S. hegemony impedes China's development, and the United States fears that China's development must threaten U.S. hegemony. This matter has nothing to do with so-called morality or human rights.
The titles is kinda condescending, does the west own Africa? Africa has chosen China the west should respect Africa
Africa is a playground for both the West and China. That's why it's kind of condescending - African countries are too corrupt and poor to project any influence.
call it white supremacy.
@Sky Agree, and that's the main point really. The West blew it and deserves to be ousted. However, I fear that Africans are taking too much of what the Chinese govt. says for granted, much like how they were tricked by the original colonists.
I sure hope they know what they are doing and that I'm wrong. It's anyone's guess at his point. But if it all goes well then it's a great win for the world.
Welcome to BiliBili bro,the biggest video platform in China,you can hear different views there 🤣
They feel too entitled . The irony is quite strong 😂😂😂
No one stops more investers joining the development of Africa. Cry less and do more, if developed countries were care about African.
they dont care about anyone. only want military bases and cheap raw materials.
USA can give some of the 60bil to Africa but was it only bookmarked to the right coloured skin?
Long live China Africa friendship! Westerners regard Africa as a farm or back garden! They have brought 80% debt to Africa, but they have done nothing. With the help of China, Africa's economy is growing, but Westerners are afraid that they can't control their "farm"!－Love from China🇨🇳
Woaw. I never expected such honesty… very true ; China is a fellow former colonial victim of the West, the relationship with Africa began that far back and continues today. Africans are not forced to accept Chinese, they do it out of friendship or for personal gains, not due to ignorance.
The west controls the media to smear China
@DEx Stev Do you really know anything about Chinese history? There were many countries that invaded China
@DEx Stev c'mon man do you think people don't know about the boxer rebellion? You guys always lie and say anything to get your way and wonder why we like the Chinese so much
@DEx Stev The summer palace was burnt. Hong Kong was taken away. read more history.
China was never colonized by the west only Hong Kong and Macau
Isn't it surprising (actually it's not) that The Economist produces a 12-minute video on Africa and the video is all about the interests of the West and China, and there is absolutely no mention of the interests of Africa itself? Racism manifests itself in so many ways. This is a disgusting report steeped in colonialism and neocolonialism. Where is Africa in all of this?
They don't care about Africa, they are just jealous of China. Because their generation of westerners is suffering to see the decline of western hegemony.
It's literally the question of the video. Why *would* they talk about African interests if it's not relevant to the question. Also they literally discuss a story related to Ghana and how many there perceive China lol Finish watching the video
I am a Chinese, and I was very moved to see the wise comments from the African brothers.
Western countries do not believe in the reciprocal relationship between China and Africa, because they have never treated African countries equally, so they think that all countries will only colonize and enslave African people like what they did.
Yes, Chinese loans are not free, but relatively fair. We are doing business with African brothers, we are not condescending charity, charity is one-off, but business can be sustainable.
There is a Chinese proverb, it is better to teach a man to fish than to give him a fish. We believe that African brothers and sisters just need time to learn, after all we have been stolen so much by western countries, like time, dignity, wealth
Oh yes its the west that's forcing the chinas to commit genocide in their own country.
Well said, comrade. Long live China and BRICS from Brazil 🇨🇳🤝🇧🇷
Chinese government does not even treat its people equally. You must know of it, as you are chinese. Racism in China is given. Look at what you have done to your Hong Kong brothers.
@Reverend Boaz 😂 hater
And when we ask for loans to help our country the west/fmi refuse to help us but China is always there if wasn’t because of China maybe some of us wouldn’t have a house to live … we definitely stand the China and Russia as well
Chinese are doing what no western company or government is willing to do in Africa and for Africans. The West has always seen Africa as a second class continent with second class persons not worthy of development. The Chinese are dealing with Africans as equals and most importantly as people with development ambitions that are worth of being developed. May be the West should also try to support Africa’s development on an equal footing as partners in development.
I'm Chinese, and i have to stop eating snacks to make this comment, this is gonna be simple I just want to say: thank you!
i love africa and wish africa better
Ich wunsche Africa besser sein
祝非洲的发展蒸蒸日上
believe in your own, not only china, but all the third world country will stand with you
@@日本に慣れすぎる中国人 Chinese people only have freedom to eat. Sorry, it is no longer the case in Shanghai.
The west never saw Africa as 2nd class continent .
It was always either 3rd class or 4th class . They have banned sl*very but the behaviour always remained.
The west would never help any country unless in exchange of huge resources. Their so called military-peace missions is just on purpose of selling weapons and looting .
I am Asian, and respect China and Africa mutual relation. Africa needs friends to rely on, friends who are not racist like the west white supremacy idea. Africa deserves to build their own country and chose their friends to grow together. Asia and Africa has a wonderful historical background from long ago.
Forget the income from the projects. The point is the projects keep benefiting the population from the get go. For instance, the Addis Ababa light rail network in Ethiopia was built using Chinese loans. For the first few years of its operation, all of its profit went to China. However, since the completion of the project, Ethiopians used it well ans it led to the creation of so much wealth.
Precisely , the main goal of INFRASTRUCTURE is that it's the BEGINNING and Base for further DEVELOPMENT.
Thank you china for saving my 3rd w0rld c0untry inddia by donating oxygen,ventilators,medicines,masks and vaccines during the covid waves.
China is building infrastructures, as compared to another super power who's just invading other countries or stirring proxy wars.
The reality is that most projects aren't succeeding and leaves Countries in dept.. which is what China(as well as other countries) want.
@@rubenjooste4383 why dont we in 3rd world countries stop wanting better infrastructure if it's not affordable?People will always a better way of life for themselves and their families and it doesnt matter that government has to take out huge loans to achieve it.
Long time ago, China was also a semi-colony of the West, and its people were in dire straits.
We know the pain of the colonial people.
However, in ancient China's Tang Dynasty, China was once the world's largest trading country, and the country with the most friendly diplomatic relations in the world at that time.
In dealing with The Arabs, Iran, Japan, and Korea, we all respect each other and cultural exchange.
This win-win national foreign policy, totally against the colonial policy of the Anglo-Sasson nations, are two completely different civilized values.
Yes, then the West saw the rich resources in China, and they wanted to colonize parts of China. Hypocrites.
China was a big mouth, between 1958-1961, 30 million Chinese died of starvation.
The raise of China based on the stupidity of the West.
Like Ukraine, All countries have freely right to choose their partners. How the West should worry about African countries's choice? If they worry, they should compete with China over the business, investments and helping African countries to build.
This propaganda is to make Africans destroy the continent against Chinese development that's the exactly propaganda they do in Ukraine now Ukraine is on fire.
they can't, they come to exploit, not for doing business.
Also Chinese don't interfere in local politics, don't overthrow elected gov or don't pit one ethnic against the other unlike the west
They are imposing their iron fist 👊 dictatorship of who can be our friend, they want us to follow them like the way they stole our resources and took them to Europe
exactly
Strange way to start a video by showing Chinese military in China. Why not show Western armies killing dozens in Africa ?
Interestingly, all those ‘trapped’ by China debt are the fastest growing countries in the continent. 160B sounds a lot. Yet Egypt alone borrowed MORE than that from the west. Yet few of the debt produced infrastructure for the people.
great point!!!
Western countries, why don't you also invest in infrastructure as well as a wide variety of value added manufacturing industries as well?
So that we can develop ourselves and have no need for their 'charity' and finally get rid of the white saviour syndrome? Never! What would they be then? They need us on our knees so they can continue to pillage and steal whatever is left.
Africa developing is NOT in western interest
They want Africa depends on them forever
Without cheap resources from Africa and Russia - Europe is doomed, so it's in their best interest to keep Africa poor and undeveloped. Europe didn't spend a dime to develop anything meaningful in Africa, only mines to extract resources for it's own industries and troops to protect this mines.
West loves blood diamond, blood Chocolate...they are in the blood business. White man wants the black man's blood ♾️
Nothing as bad as what the USA does to us (Africans)or anyone in the world.
sorry for what happened to your people...
Wait for 10 years and then talk
@@GreatMan_from_East Nothing as bad as what the west did to india either. The way the indians worship their former colonial masters is uncomfortable to watch. Start by stop calling them "sir".
@@wanghui562 It is ridiculous the way Indians have been stripped of any sense of Dignity and Esteem when it comes to the white man...
@@GreatMan_from_East It has already been more than 10 years now
Wow, China has 1 overseas base! That is frightening....Wait! The USA has 800!
Precisely over 1000 bases. The Pentagon CAN'T audit its OWN financies and the US PRESIDENT can't tell us HOW BASES it has
Great work China. I always want Africa to have better life .
No, we shouldn't, the West should worry about their own life and problems.
Why doesn't the economist do a hit piece on the IMF ripping Sri Lanka off, which accounts for about 70% of the debt of that nation.
In their reports, you won’t see that part, but will highlight CN
Worried? No
Jealous? Absolutely
We need Chinese investments in Africa more than before. Unlike the West, China is improving African countries' infrastructure development. The biggest debt traps are from the World Bank and IMF. AT least China would like to see every country prosper and the deals are on a win-win base, how is that debt trap? Compete with the Chinese or ship out.
West or East, they are for their own INTEREST.... Dear Africans, we have NO TRUE PARTNERS... Let's wake up, let's UNFREEZE the brains of our so called leaders. We have what it takes to be a global power.
Maybe Africa can also stop reading the bible then.
All the reports are based on the ideology. There is no fair news at all.
You are right. The biggest debt traps are from the World Bank and IMF. The west is talking as though loans from World Bank and IMF are free. Both are western controlled institutions. When they say 'Jump', you have to say 'how high from where we jump down'
Because it is once again China treating africa as a charity case something Africans hate Europeans for doing. Nothing infrastructure wise in africa that is being built is African it’s all Chinese. Once again outside people coming in to build your nation and see them as friends when you are being used
Ofcourse we Chinese people would not only do some charity in Africa，we want to gain the fair return form what we give. In this process, we naturally expand our influence, whether political, economic or cultural. But one thing is certain: we will not engage in colonialism, launch a war, or encourage local countries to launch revolution and follow our way of development. Because the concept of Peace and Love is deeply rooted in our history and cultural traditions. Instead, think about what the West has done to African countries and China in history.
Ha ha
Mostly trade business and development. Unlike in the West and its still ongoing colonialism and in the past, EXTREME Evil onto Africa
Os Europeus e Estados Unidos causaram muitas maldades, miséria e violência na América Latina .
The comments give me hope in humanity. Now if you want to look deeper into it most things said about China are false.
We appreciate China 🇨🇳
Long live China Africa friendship! Westerners regard Africa as a farm or back garden! They have brought 80% debt to Africa, but they have done nothing. With the help of China, Africa's economy is growing, but Westerners are afraid that they can't control their "farm"!－Love from China🇨🇳
@@今日辱蛙 *to that extend a lot of stereotypes (propaganda) toward Asian communities as a whole as well 😡🤬💥* *so the west can gain just a little bit more advantages over what it sees as its competitors"
We Chinese give bridges and buildings to our African brothers and sisters. But Yankees give them a BIG lecture on why they shouldn't work with China.
And we are all grateful for your investments, one day, whether it be 50 years or 100. Most if not all of Africa will become a global power, not at the same level as America, but it will flourish. Africa and China together will be a strong team and unit in the future. Long live Africa and China relationship!
Definitely it is as Gyude Moore says. The West needs to stop seeing this as being all about the West and China, but to truly see, appreciate, and respect Africa and African people and their place in the world.
America has 500 bases. You have the impression that the economist seems to be the spokesperson of America. Somehow those 500 bases don’t “raise concerns”. High time China pushes very very hard any western nation out of China. As hard as possible.
there trying to act like there unbiased but they can't fool people that have knowledge in theses areas
many large US companies are dependent on china for their futures. middle class sooon 3 times that of US.
800 not 500
You are aware China is pro genocide right?
@@nmew6926 Long live China Africa friendship! Westerners regard Africa as a farm or back garden! They have brought 80% debt to Africa, but they have done nothing. With the help of China, Africa's economy is growing, but Westerners are afraid that they can't control their "farm"!－Love from China🇨🇳
You just want African Countries to follow the Western country's Foreign Policies and IMF/WorldBank directives.
The wesT is not to be trusted. Everyone has been on the receiving end of their bs. It is time for the rest of the world to come together and prosper together.
you think everything out there is a charity or something? Or that China doesn't demand Arican countries follow their own foreign policy directives? Grow up child.
@@RM-el3gw How condescending that you think the Africans are not "grown up" enough to self-determine their own path. It is you, not them, who has their best interests at heart?
@@wanghui562 Time will tell and I hope you remember this position and revaluate your motivations if wrong. I would.
@@sacredgeometry Let's just accept the fact/truth that everyone dies, and no one will live to see the whole truth, except me, cos I don't die.
Look at these thieves complaining on behalf of Africans, worry about yourselves and your own debt, Africa is a wealthy continent with every mineral resource you can dream of. If Africans choose to give the minerals to China in exchange of infrastructure, so be it.
The fact that people in the comment section are critically thinking and coming to an objective conclusion makes me proud of humanity!!! Africa is an opportunity and a new market for China yet backwater and a collateral geopolitical battle ground for the west. China's relation with Africa is favorable, not because China is overly saintly, bit because they need a new ground tonperpetiate their massive infrastructure building titan to sustain economic growth and create a new market.
Only a declining West may see it as being threatened. Africans don't.
Also Chinese don't interfere in local politics, don't overthrow elected gov or don't pit one ethnic against the other unlike the west
@@golodiassaid4879 oh , they don't need to pit ethnic tribes against each other. Africans happily do it themselves, and China sells them arms...as for not interfering sorry, but if they ban a critical article e.g isn't that it ? It's the countries to be very wary and careful dealing with them. There's no thing as a free lunch.
@@golodiassaid4879 Chinese use pressure tactics and gunboat diplomacy instead. They withhold something like food and African nations will do their bidding.
希望非洲不再有战争，贫穷。中国从痛苦中挣扎出来，非常理解非洲的痛苦，希望非洲的孩子们有更好的未来。爱你们🥰
It is the time that USA and Western world to reflect what they've done to African countries rather than just envy the progress achieved by Africans with the help of China and Chinese people
I love how the narrative that China is doing something nefarious, while the US and Europe have done this same thing for years. The US even added states by doing this same thing.
The West has never done the same thing. They have done far worse.
Because China isn't bringing democrasy to you, they just want to eat you
US can do no wrong, all other countries must obey the US master or otherwise they are bad bad people who are not worthy to develop and prosper
Difference is that China is one of the most repressive Terror Regime to ever exist on this planet…
Biggest hypocrites on earth
*WEST TO WORRY ABOUT AFRICA? AS IF AFRICA BELONGED TO THEM !!! ??? !!!*
When western money came to Africa, Africans have more guns.
When Chinese money come to Africa, Africans have more roads.
Which one do you like?
Roads
Water pumps are affordable in africa today farmers have quadrupled their products thank you china
Thanks to China's infrastructure development, BRI and technology development, internet, hospital, shools, College, factories giving millions of jobs to Africans, it's policy of non interference on foreign govt and China becoming a reliable partner and supply of weapons for African National soveriegnty against western colonial power in Africa, Africans no longer need Americans and EU's "aid charity". Long live African China's strategic alliance 👍
Fortunately Africa got China to build their infrastructure that will improve their livelihood. Africa must become a continent that become prosperous and happy in the years to come.
How about making a video on how the British government looted Africa? I don't see the published reports for those.
what, you gonna cry or sthg?
@@RM-el3gw nope. Only a racist would think I am.
@@RM-el3gw You are not winning hearts and minds with callous remarks like this.
That would stain Great Britaian goodness reputation
Just a very simple question, what has the West done for Africa?
Exactly
When africa can’t pay these debts back what will China do to africa?
a bit of development aid, i’d say. ghana received $1,256,700,000 in 2017
@@franzi7018 and it resulted in nothing
@@CarsonSingclere simple I am making payment to the bank on my house, what would happen if can't pay? It is economics 101, I don't call it debt trap. Simply a business deal..
Thank you the government of China what you are doing in Africa is not forgettable. No political involvement but building nations.
China is politcally involved with Africa.
They do espionage instead.
no
From the point of view of influence, yes. From the human point if view, one is overjoyed about Africa finally getting ahead without being ripped off with dumping, or bled by wars. It's a rest for the human heart.
1. China promotes the development and well-being of Africa .
2. The West should not be jealous or worried and must not think that they are in dilemma
3. The West should have big hearts and big love so as to show the world that they have the charisma.
Answering number 3...
Perhaps. But would Africa ever accept the West? Or would they insist on throwing past transgressions by the West back in their faces at every opportunity?