this post was submitted on 30 Aug 2024
75 points (86.4% liked)
Asklemmy
44149 readers
1442 users here now
A loosely moderated place to ask open-ended questions
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- !lemmy411@lemmy.ca: a community for finding communities
~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Chinese foreign policy has been fairly cautious and covert compared to other world powers. I think this has generally been a good strategy as it has avoided major conflicts with the US and Europe in recent times.
I can’t think of any coup they’ve directly supported but they certainly have supported military movements and governments in other countries, including Vietnam, North Korea, Myanmar, and Venezuela. So they’ve been a bit less prone to overthrowing governments but they aren’t afraid to use similar tactics to keep friendly regimes in power, and help those factions expand power. So is it a coup to help the North Vietnamese conquer the South? I guess it depends on the definition of coup which can be a fraught word.
Personally I’m not sure I see any of these as coups. The closest might be Myanmar but while China has protected and supported the junta there, it’s not totally clear they actually supported the coup itself. I interpret their actions as seeking stability and wanting to minimize Western influence.
China's foreign policy model seems focused on making deals with the existing power no matter what. Part of that seems to be that China does not believe in odious debt like a lot of Western countries do. When settling debts, Chinese institutions have been far more insistent on keeping write-offs from occuring.
China has also generally pushed for more one on one transactional deals with countries. There have been some international institutions made like the AIIB, but I don't see the institutional creation of systems like the USA tried to do.
What do you mean by keeping write-offs from occurring?
A lot of times, the IMF will lead all creditors of a country to restructure, reduce, or reschedule existing debt. What is happening is that Chinese institutions appears to be less willing to write down bad debt, holding up a lot of negotiations between debt holders. So, the debt doesn't get reduced.
Is this a bad thing somehow? I would think reducing debts is generally beneficial, especially in times of economic crisis.
I think the modern American empire is seen as much more dangerous than the modern Chinese one. Especially with how it tries to subjugate people even outside its continent
In the current moment I would agree. I’m not sure that would be true in comparison to a hypothetical sole superpower China. But who can say for sure.