Reply #1

In the discussion thread: China strengthens Africa ties with $20 billion in loans [View all]

Thu Jul 19, 2012, 05:50 AM

DCKit (18,330 posts)

1. Ruh Roh! The IMF and World Bank better watch out!

China is using their own tactics against them.

Unfortunately, like any IMF or World Bank "loan", the rulers get the money and the people are on the hook to pay it back. Since Africa has little infrastructure (to privatize), I will assume China is going after their mineral wealth.

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Replies to this discussion thread

5 replies	Author	Time	Post
China strengthens Africa ties with $20 billion in loans [View all]	dipsydoodle	Jul 2012	OP
Ruh Roh! The IMF and World Bank better watch out!	DCKit	Jul 2012	#1
dipsydoodle	Diclotican	Jul 2012	#2
china is just another empire trying to rob africa of it`s wealth	madrchsod	Jul 2012	#3
because god forbid anyone investing in Africa	SemperEadem	Jul 2012	#4
Good points	Franker65	Jul 2012	#5

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