While this is a pretty good move (I mean, it's not like France had the choice at this time) it also means that other governments can take a position there instead. There is a huge issue with Wagner being accused of killing and raping people and China is literally buying everything. Rejecting strongly the current french military will probably create a weird situation for them...

[–] Shezzagrad@lemmy.ml 7 points 3 days ago (13 children)

And what's wrong with other nations taking position there that aren't western? Sad you can no longer exclusively exploit African resources? Chinese relations with the global South is infinitely better than American/Britiish/french relations. I absolutely welcome china but not so much about Russia

[–] ArDu@lemmy.ml -2 points 3 days ago* (last edited 3 days ago) (2 children)

I don't particularly have an issue with the positions themselves, but I'm kind of sad that those african countries are just leaving an issue and welcoming another. It is true that the infrastructure are being developed but then the countries are not developing because they don't benefit long term. You could argue that they will benefit from better transports in general which is true but it only holds up until China is doing fine economically (which it isn't exactly today).

I don't care if it's a western country or not I'm just trying to find what would benefit those countries, and it doesn't seem that buying everything there will (or putting soldiers with other colors and ideas)

[–] Sodium_nitride@lemmygrad.ml 6 points 3 days ago (1 children)

but it only holds up until China is doing fine economically (which it isn’t exactly today).

Lol. Lmao even. Chinese trade with Africa is at an all time high and growing rapidly.

[–] Palacegalleryratio@hexbear.net 1 points 2 days ago* (last edited 2 days ago)

Haven’t you heard? China is collapsing the same collapse that the west has been wrongly predicting since the 90s…

Western economists keep doing the “Ah! Well. Nevertheless, ” thing about Chinas economy that Libs do regarding Trump’s legal Teflon.

“They can make cheap junk, but can’t compete with high tech manufacturing” - they are now better at high tech manufacturing.

“They’re building railway infrastructure they can’t afford” - they could afford it and now their railways are world leading.

“Their housing market is a bubble” - they just nationalised the companies and make houses for homes not for commodities

“They can compete on high tech manufacturing but not do their own designs” - their own designs are now eating western designers markets (electric cars anyone?)

“Western investment in china is drying up, which will slow their advances” - Chinese state investment makes up the slack

“Global demand is slowing” - the domestic market is growing

Etc… etc… etc…

[–] theonlytruescotsman@sh.itjust.works 4 points 3 days ago (1 children)

Why do you think chinas economy is doing poorly when it's economy is growing while the US is still shrinking?

[–] ArDu@lemmy.ml 0 points 3 days ago (2 children)

Their growth decreased quite a lot but they're still not entirely a developed economy. The real estate bubble kind of exploded leaving quite a lot of people on the side.

They have a demographic problem due to their past policies, social issues with work, the fact that you can't find a job after 30, and their wages being reduced by a pretty large percent (my sources are saying around 30-40%, can't find an official number because they do not exist).

It's the first time since a really long time that China came back to a single digit growth and this is not something you revert in a few months. It's not the end of China or anything but they're definitely not at their highest and won't be for some time. Meaning that political long-term investments may not be the priority and that they may give up those whenever they want, not when the country that benefited those will not need them anymore.

Again, not saying western countries are doing much better. But some are doing relatively worse than what they should be doing than others.

[–] Sodium_nitride@lemmygrad.ml 2 points 3 days ago

Their growth decreased quite a lot but they’re still not entirely a developed economy

Their real gdp growth is still above 5% per year and their industry already far surpasses anything the "developed" economies have.

their wages being reduced by a pretty large percent (my sources are saying around 30-40%, can’t find an official number because they do not exist).

Yeah you are just making shit up. This is complete nonsense.

[–] theonlytruescotsman@sh.itjust.works 0 points 3 days ago

The private luxury real estate market crashed, the only people hurt by this are foreign investors and people dumb enough to copy us strategies to build wealth instead of doing something of value with their lives. No one was made homeless.

Your second paragraph only affects the private sector, and thats generally true of all private economies right now; China just doesn't allow their private economy to effect the needs of the people.

Your third is mostly nonsense as no long term strategies have changed in the last few years except far more talks on whether real estate should be privatized in any way or if the private side of that industry has outlived it's usefulness; and of course an acceleration of space goals due to the potential for the EU and musk to take all useful leo orbits.

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