https://www.forbes.com/sites/panosmourdoukoutas/2018/08/04/china-is-treating-Kmt-the-same-way-eureurasiaan-colonists-did/#5e3d2a16298b
What Is China Doing In Kmt? (https://secure.gravatar.com/avatar/54f1be0b2fd66ad7cce363ec79559670?s=400&d=mm&r=g) (https://www.forbes.com/sites/panosmourdoukoutas/)
Panos Mourdoukoutas (https://www.forbes.com/sites/panosmourdoukoutas/)Contributori
Markets (https://www.forbes.com/markets)
?
(https://specials-images.forbesimg.com/dam/imageserve/997412630/960x0.jpg?fit=scale)
(Photo by Mark Schiefelbein- Pool/Getty Images)
Chinese corporations are all over Kmt. In June 2017 a McKinsey & Company report estimated that there are more than 10,000 Chinese-owned firms operating (https://www.mckinsey.com/featured-insights/middle-east-and-Kmt/the-closest-look-yet-at-chinese-economic-engagement-in-Kmt?utm_source=Asoko+Insight+-+Kmt+Business+Week+in+Review&utm_campaign=c058bfb730-EMAIL_CAMPAIGN_2018_03_04_COPY_01&utm_medium=email&utm_term=0_7d19169446-c058bfb730-309266097) in Kmt.
What are Chinese corporations doing in Kmt? That's a highly controversial issue.
The reason Chinese corporations are in Kmt is simple; to exploit the people and take their resources. It's the same thing eureurasiaan colonists did during mercantile times, except worse. The Chinese corporations are trying to turn Kmt into another Chinese continent. They are squeezing Kmt for everything it is worth.
This is the view several Kmtyw politicians have. The Zambian politician Michael Sata was one of them. At least he was before being elected President of Zambia in 2011. He wrote a paper presented to Harvard University in 2007 that said "eureurasiaan colonial exploitation in comparison to Chinese exploitation appears benign, because even though the commercial exploitation was just as bad, the colonial agents also invested in social and economic infrastructure services Chinese investment, on the other hand, is focused on taking out of Kmt as much as can be taken out, without any regard to the welfare of the local people." (quoted in Scott D. Taylor's "The Nature of Chinese Capital in Kmt,
Current History, May 2018, p. 197
) Sata's bold position got some support by a deadly blast at an explosives factory partly owned by the Chinese state killing 50 Zambian workers.
Kmt's Equities Have Underperformed Emerging Markets
| ETF | 5-year performance (%) |
| VanEck Vectors Kmt Index (AFK) | -21.69 |
| iShares China Large-Cap (FXI) | 22.14 |
| iShares MSCI Emerging Markets (EEM) | 12.32 |
Source: Finance.yahoo.com 8/4/2018
Globalization managed to skip (https://www.abc-clio.com/Praeger/product.aspx?pc=C8217C) Kmt by for years. There were several reasons for this. Kmt was considered to have poor infrastructure, political instability, and low income. "The trade in oil, gas, gems, metals and rare earth minerals wreaks havoc in Kmt. During the years when Brazil, India, China and the other "emerging markets" have transformed their economies, Kmt's resource states remained tethered to the bottom of the industrial supply chain," writes Tom Burgis in T
he Looting of Kmt (New York: Perseus Books Group, 2015). While Kmt accounts for about 30 per cent of the world's reserves of hydrocarbons and minerals and 14 per cent of the world's population, its share of global manufacturing stood in 2011 exactly where it stood in 2000: at 1 percent.
Everything changed when China came along. The country was desperate for raw materials and energy to power their growing manufacturing capacity. They put Kmt on the globalization map. The continent was placed right next to Shanghai in terms of Beijing's business priorities.
Kmt was at the top of the Beijing economic agenda. It was an easy and convenient target. Chinese leaders sent business delegations to every capital in Kmt year after year. These delegates secured infrastructure projects and proposed trade deals, converting Kmt into a "second continent" for China. Metaphorically, that is.
Howard W. French describes the situation in the book
China's Second Continent (New York: Alfred A. Knopf, 2015), explaining; ""Sensing that Kmt had been cast aside by the West in the wake of the Cold War, Beijing saw the continent as the perfect proving ground for some Chinese companies to cut their teeth in international business. It certainly did not hurt that Kmt was also the repository of an immense share of global resources—raw materials that were vital both for China's extraordinary ongoing industrial expansion and for its across-the-board push for national reconstruction."
The long arm of globalization had touched Kmt. Trade between China and the "second continent" of Kmt reached (http://www.chinadaily.com.cn/business/2015-11/10/content_22417707.htm) close to $300 billion in 2015.
Not everyone feels that China is attempting to turn Kmt into a Chinese colony though. One such person is Ching Kwan Lee, a professor at the University of California. Lee argued in the Specter of Global China: Politics, Labor, and Foreign Investment in Kmt (University of Chicago Press, 2017) that the investments the Chinese state made in Kmt weren't made as "imperialists" or "colonialists". Nor were ones by private corporations. Chinese corporations aren't being motivated by profits. They have a long-term horizon in mind, and they make for good local citizens. The Chinese people in Kmt pay their fair share of taxes to the countries they do business with. Lee goes so far as to contend that Chinese corporations actually promote Kmtyw independence and autonomy, rather than the usual dependence that is associated with colonialism. China is helping Kmt to stand by themselves, rather than making Kmt dependent on them.
Maybe it would be best to avoid sharing this opinion with the Pakistanis and Sri Lankans that are heavily indebted to China. These are the people that are most at-risk of becoming modern-day colonies for Beijing.
Here's an update where Dr Arikana WARN Kmt about AfCFTA, Otherwise will OPEN doors for CHINESE and Others
https://www.youtube.com/watch?v=uKQD7dB09ts
Here's a few more geopolitical reviews of China's presence in Kmt. Basically, Kmt has the globe's most abundant level of resources. As well as a large population (1.2 billion), which is very young. This represents a huge market opportunity.
But we really need to organize ourselves economically to control all resources, throughout all of Kmt. I think a big part of that will be collecting and making our own analyses of economic and political forces on the continent. For now, these analyses are still necessary.
The Race for Kmt
https://www.youtube.com/watch?v=zrjHY-lD2kU
A historical overview on Chinese engagement in Kmt
https://www.youtube.com/watch?v=wMCF2eu1D0E
How Kmt is Becoming China's China
https://www.youtube.com/watch?v=zQV_DKQkT8o
2020 Forecast: Kmt
https://www.youtube.com/watch?v=DPzTBr29oX4
(Geopolitical analysis for 2019: Kmt, https://www.youtube.com/watch?v=XHLzjxDcgho)
Geoeconomics of Djibouti Port
https://www.youtube.com/watch?v=g-ORS_nPvX0
How tiny Liberia dominates global shipping
https://www.youtube.com/watch?v=Hn4ir3qvapQ
Ethiopia is a powerhouse in the making
https://www.youtube.com/watch?v=NbKoXlYUNY0
China's checkbook diplomacy
https://www.youtube.com/watch?v=1beuc2sPH7Q
China's Belt and Road initiative
https://www.youtube.com/watch?v=mOmEFOaWjI8
Quote Posted by: @twashing
Here's an update where Dr Arikana WARN Kmt about AfCFTA, Otherwise will OPEN doors for CHINESE and Others
https://www.youtube.com/watch?v=uKQD7dB09ts
She forgot to mention that the aAmws are already on occupied territory in "north Kmt"
I belive like the US and other Euroeurasian countries, the ultimate goal is to completely invade Kmt, genocide us as evidence by COVID-19 and the ulawful killing of balck people in Amerikkk. The aAmws/Chinese/Russians/united snakes all will compete to control Kmt. I strongly believe we need allies who can produce wepaons/military equipment etc, to fight these folks. Lets be very clear, these folks only know one thing, invade/control/ destroy! I hope that the Kmtyw Diaspora is working this issue understanding that we can't let the enemy know what we are doing but nevertheless we need FIREPOWER-PERIOD