Realname:


Exactly

Your governors, senators , ministers president and the entire executive will find means of.lootimg this , ptcuasimg homes in Europe and America , so the western countires get free money entering their society

Nigeria is in trouble

vincixpresso:

It seems you didn't understand a single thing from what you just read. China is after the control of your resources, and not benevolence. Nothing goes for nothing. Get that into your head.For instance, your family loans money from a wealthier family, using the family business as collateral. The wealthy family knows you can't pay back within the stipulated time, & also that you will mismanage the money, but they go ahead and give give you the loan just because they are in dire need of your family business, and you are here calling it benevolence, mtcheww. I tire for you.

InvertedHammer:
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Kindly forward this to mapet.

I can't waste time educating morons.

//

Mklancee:

Except that USA will be last world power

win2kwire:

Mount the center stage is your worry?
So you rather be slaves to the Chinese than modern day westerners?

The west were never good role models but the Chinese will be even more brutal and disastrous, if you think Africa has it bad now wait until China fully controls the continent and then see where your fortunes lie.

Stupid stupid African monkeys with the mental intelligence of apes and chimpanzees are being enslaved but they are talking about silly things!

dwilliams707:

How do you mean bro,please explain

Dpharisee:
US own is always counter terrorism, poverty breeds terrorism, if people are rich they wont want to become suicide bombers.
China is helping Africa to build infrastructure, schools and healthcare while America gives 'aid' in form of military hardware.
Show me a road built with US aid in Nigeria.

nextstep:
Oh, I understand... this is a US-centric fear of Chinese dominance in trade with Africa.

They didn't complain when they were making all those loans in the 70's and 80's via IMF and World Bank that crippled most African economies until 2000's. They didn't complain when the money was used to buy their own products, with interested paid on top. Now that their lunch is being threatened, they're pointing out the dangers of loans...

Chinese entrepreneurs are investing heavily in Africa, hiring labour and building infrastructure. They are also a cheaper source of goods and machinery that African entrepreneurs are buying and using to boost our economy.

Around the world the USA is retreating - insulting friends and allies all the way - and China is quietly stepping in to fill those shoes, making deals with Europe, with Japan, with the rest of Asia, and with Africa. No dogma or imposing their views, just doing business.

InvertedHammer:
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cc: amanikondo

China is about to seize the control of ZEWASCO (Zambia's electrical company) for the country's default on a loan.

I feel sorry for Nigeria.

Buhari may be long dead when these things start happening.

https://www.pulselive.co.ke/bi/finance/china-to-take-over-zambias-power-firm-over-loan-default-id8826502.html?
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amanikondo:


The west may not be good but China will be worse. I saw it too through my regular channel on Youtube called "China Uncensored" you should check it out.

InvertedHammer:




https://www.youtube.com/watch?v=1B9xxXOTUy8

It is sad that the so-called educated Africans are the most ignorant of the bunch.

Cc. nextstep Vocnewsblog Ugosample. Kirchoff. Madeu Akinz0126. rock003. win2kwire. Dpharisee. Simpson10 mapet

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InvertedHammer:




https://www.youtube.com/watch?v=1B9xxXOTUy8

It is sad that the so-called educated Africans are the most ignorant of the bunch.

Cc. nextstep Vocnewsblog Ugosample. Kirchoff. Madeu Akinz0126. rock003. win2kwire. Dpharisee. Simpson10 mapet

/

win2kwire:
African Workers Beaten Mercilessly By Their Chinese Bosses In Gabon:
https://www.nairaland.com/4717917/african-workers-beaten-mercilessly-chinese

WHEN THEY FINALLY TAKE OVER... IT WILL BE Africans used for shooting practice By Chinese

InvertedHammer:




https://www.youtube.com/watch?v=1B9xxXOTUy8

It is sad that the so-called educated Africans are the most ignorant of the bunch.

Cc. nextstep Vocnewsblog Ugosample. Kirchoff. Madeu Akinz0126. rock003. win2kwire. Dpharisee. Simpson10 mapet

/

simpson10:
This article sounds more like a self-centered and ego-centric reflection of the US' perception of itself.
This is the height of hypocrisy, because I can only describe your attitude towards Africa & Africans as half-hearted complicity. We've heard stories of how you give our moronic leaders loans at high interest rates, with conditions reminiscent of those given by the Chinese, how your companies doing business here bribe, violate regulations and evade taxes without facing consequences because african states don't want to get secretly sanctioned by you Uncle Sam, how you support our foolish leaders to loot us and help them keep the monies safely, and how you meddle with african govts' policies to serve your interest as explicitly demonstrated in the nonsense you call a write up, among other crimes. You only repatriate the looted funds sometimes and make constructive comments about our farcical fight against corruption to appear well meaning. Fact is african countries lose more than they get in aids (aids which never make us think of how to develop our continent). So Mr Grant, tell your Donald Dumb** and his cabinet to focus on your failing educational system (hint: learn from Finland) broke Social security, insolvent Federal reserve bank, looming US economic crisis because of the impending market correction, failing banking system (tip: learn from Hongkong & Singapore), crazy-high debt to GDP ratio, extremely low domestic interest rates encouraging outward glinting but soft-underbellied startups and established firms to burn investors money, and general laziness of the average american today.
As for the chinese, they are birds of the same feather with the west, and maybe even a worse enemy. FYI, they have plans to take control of our continent through gifts and interventions wrapped in trojan horses. Check around you, chinese companies are getting almost every benefit from our govts now because our stupid govts think they are our saviour. Suicidal!
Now on to donkeys we call state officials. Isn't it laughable that both the US & China consider Africa a prize of a lifetime one must win? I have a feeling our politicians are not as dumb as to not to know the implications of losing major national treasures such as mineral resources, ports, lands etc. to foreigners (aliens in my opinion because that what they call us in their countries too). However, they just don't care about the future of our nations, and they are too selfish to reflect on the terms and reconsider, or if the loans are really needed to boost our economies, demand better conditions. It's been the same story for decades and i fear that's how it'll continue to be. FYI, Africa as continent contributes only 3% to global trade..that's a damningly horrible figure.
What do you educational institutes are made for? To just read and write? No, wrong. They are for nation building. But what they do there today, just cram up notebooks and copy them back into answer booklets because our leaders have never given it a thought to develop independent technology by empowering these institutions, since foreign countries are there to import from (exceptions are South Africa, Egypt & Algeria, although the likes of Namibia, Kenya & Ghana are coming through). That's why we have engineers who can't build anything, microbiologists who handled a microscope less than 5 times in 5yrs in uni (like me and some people from other unis I've met), had to send blood samples to Senegal for tests during the Ebola mini crisis, and still import basic things like toothpicks. What a shame!
Have you ever asked yourself how tiny countries like Luxembourg & Singapore, or medium-sized Belgium, New Zealand, Chile, Sweden, Switzerland, Denmark, Norway, Finland & Austria are self sustaining? They are very productive and have good policies in place.
So how do you improve your economy? Do better than what those countries are doing well, meaning let your citizens be more productive, put good policies in place regarding every sector of your nation's economy, and let market forces determine the prices of stuff.
Unless we go back to the drawing board, and agree to work towards the resolutions in unison as a people with national interest in mind regardless of ethnic or religious ties, expect more horror stories and calamities.

win2kwire:


Yes, the west did milk Africa and are still doing so...at least they have some basic standards which the Chinese don't have.

Post colonization and enter the 21 century:
Infrastructure loan projects by Western countries are often carried out by loal unskilled workers, the Chinese use their own prisoners to do all aspects of the work.
-They loan you the money for the project at prime lending rates
-They bring their own cheap of slave labour (Prisoners)
-They use substandard materials so the project lifespan is short and Africans can take another loan to build new one.
-They create condition so you can default on the loan, they then seize a big chunk of the national infrastructure like port, mine, oil field or even national treasures.
-China is far worse than Western companies for unsafe working conditions, exploitative hours, and threats to those that pose complaints.

-They have African-mentality schooling for Chinese staff going to work in Africa, they are to treat the Africans like subjects, shout, scream, kick, abuse and bribe police to deal with them if they retaliate.

China is exposing thousands of Chinese prisoners to Africa where crime is already high, there have been many cases of rape, pregnancies, abuse and murders that resulted in police bribery, sneaking the china men out of Africa and other deals to protect their interests.

Africans are their own worst enemies, their illiterate mentality does not allow them scratch the surface, when you listen to people like these you see why Africa continues to go backwards.

After Western colonization, Africa should be competing with the emerging economies like China not working to impose Asian colonization on Africa.