this post was submitted on 29 Jan 2025
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Not at all correct. China doesn't use debt traps, nor does it focus on exporting Capital in order to produce outside its country lines at lower wages. Rather, it's the opposite, China frequently forgives loans (usually made through State entities and not private corporations and banks) and focuses on commodity exports. To say that China does the "same Imperialism" is factually wrong. There's much that can be correctly criticized about the PRC, but to put it on equal footing with the West with respect to whether it is ultimately playing a predatory or beneficial role is divorced from reality.