Are these said researchers? Might explain why they are rushing home.

https://www.bbc.com/news/world-asia-china-64206950

“The information Zheng stole was related to the design and manufacture of gas and steam turbines, including turbine blades and turbine seals. Considered to be worth millions, it was sent to his accomplice in China. It would ultimately benefit the Chinese government, as well as China-based companies and universities.”

Removed by mod

https://lemmy.ml/comment/1508218

We were talking about this. I said IMF loans are cheaper than china loans. And you proved me correct so the next best thing was nitpicking my comments? Who cares if a loan directly or indirectly benefits a nation.

Go grab some tea, revisit your nonsense and write a proper reply. Im not going to do the same thing as last time in which you refused to read the article everyone except you was discussing.

🇹🇼

Thats what a fake communist would say to be honest. Real communists dont use phones made by american companies. You just play make believe if you use a product made by americans. Why not buy a cheap chinese phone? Or a nice fairphone?

So many options, but you would have to give up your capitalistic luxuries.

A rescue loan is not a loan used to build infrastructure. They’re used to cover for existing debt, not to take on new debt.

A loan with an interest rate of 5% is charity

[citation needed]

so you neither understand project funding nor interest rates

You cant even provide facts. Stop arguing in bad faith. Now go schizo post about US loans.

I love how you start using that emoji when you get frustrated.

Rescue loans are not the type of loans being used to build these railway networks lol.

Do you even know how IMF rescue loans work? Did you try Google buddy?

I wont even entertain your dumbass ramble about different countries because we arent talking about that.

https://time.com/6266658/china-emerges-major-global-lender/#:~:text=China typically offers rescue loans,the IMF%2C the study said.

First result in Google. You cant even Google so im pretty sure you dont know what the hell you are talking about lol.

Im sorry, I didnt knew you were the victim all along. I thought you were the one who is starting all the drama. My mistake. How can I make you feel better?

wish you happy seething and coping

Friendliest lemmygrad user right here.

I like how you wont comment on the maintenance contracts.

Its not an debate. I wasnt talking about other devices, you just misread it. Easy as that just move on.

I like how you ignored the part in which chinese companies force the governments to sign 90+ year maintenance contracts. Convenient as it isnt part of the loan, just part of the bribery.

African countries are foregoing Western investment because of the number of strings attached

What strings?

here’s a (very) competitive interest rate

IMF loans are cheaper. Every person with two braincells will realize corrupt officials will take the chinese loans with higher interest rates because of the bribes. A 90 year maintenance contract is nonsense and you cant defend it.

Extravagant projects are exactly how China got out of it’s poverty hole

Ah right I forgot those glass bridges that killed a bunch of people.

What point are you trying to make? Im talking about phones on 5G, and you start talking about 5G on different devices? My comment is about the article? If you want to discuss something else you can make your own post. Its free.

The article is about phones. Did you even read it?

Im scared for the countries getting caught in Chinas debt trap. With maintenance contracts being forced (for more than 90 years!), billions in outstanding loans in each country there is no way to climb out the hole. Everyone can see these extravaganza projects are not what Africa needs, but what China wants.