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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: roto who wrote (36230)9/8/2021 4:51:38 PM
From: Lou Weed4 Recommendations

Recommended By
ajtj99
Cogito Ergo Sum
roto
towerdog

  Read Replies (3) | Respond to of 97917
 
I remember reading about this just recently. It reminds me of the Germans ploughing billions into Eastern European infrastructure in the 90s after the fall of the wall. It's called long-term vision and is paying off in spades for the Germans now. The Chinese are not hand-cuffed by a 90 day short term vision like we are. They'll no doubt be outsourcing to Africa (if not already) to take advantage of the fresh source of extremely cheap labor at their own factories and roads/ports for shipment.



To: roto who wrote (36230)9/8/2021 4:52:19 PM
From: Sun Tzu2 Recommendations

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ajtj99
towerdog

  Read Replies (1) | Respond to of 97917
 
Compared to what white the folks have done to Africa, I doubt that China can do worse.

And yes, both sides are going to secure as good of a deal for themselves as they can, and the power disparity will decide who gets the upper hand.

That said, Chinese vocabulary (and business practices) distinguish between what is a temporary arrangement and what is a long term strategic partnership. Chinese mindset is naturally more strategic than the western outlook. And I think that China sees Africa as a strategic resource rather than a tactical one.

Given that China is unlikely to militarily invade Africa (something that I cannot say about the Europeans), they are more likely to treat Africa fair enough to avoid straining the relationships.