Signing a contract with China is like, ascribing to the boiling frog effect; a fable describing a frog being boiled alive slowly. If you drop a frog suddenly into boiling water, it will jump out, but if you put that same frog in a vessel of water and start heating the water gradually, it will adjust its body temperature accordingly until it reaches a stage beyond its capacity and dies foolishly.



It’s rather pathetic how China is re-colonizing Africa by appealing to the ignorance and selfish interests of our leaders. Today, the Chinese are offering mouthwatering deals to Africa, both in cash transactions and the outmoded or rather defunct barter trade which seem very attractive on the outlook but dangerous in reality.

read also: “Begging mentality” responsible for Africa’s Abysmal negotiations

The Zambian government contracted the Chinese, lazy-thought and glossed over details thinking they were granting consent to gernuine terms but the whole thing just morphed into modern day colonialism. China is now proposing to take over the Kenneth Kaunda International Airport should Zambia Government fail to pay back its huge foreign debt on time. The issue of whether Zambia posses the required economic muscle to repay that debt is in contention considering the amount involved. It’s typical of the Chinese strategy.

That moreover is not the only thing Zambian suffered from China; the Chinese own 60% shares of the Zambian National Broadcasting corporation which means, Chinese have an influence over what should or should not be premiered on their sets.



Ghana is equally towing same lane as our leaders have started signing contracts already; Chinese owned company, STARTIME is gradually gaining grounds over our major institutions, our biggest mining companies will soon be “taken” over by a Chinese company and many others. Now if this is not modern day slavery, what then is it? The 21st century African slave is never in chain; we are in debt caused by the ignorance or selfish interests of our leaders. Pathetic

https://www.dailyrantghana.com/china-to-take-over-zambian-international-airtport-for-debt-repayment-default-neocolonialism/

Sarrki, I hope you are not critical of China's decision. Nobody forced Zimbabawe to borrow from China using federal infrastructure to secure the loan in case they default. Now they are in default, China is taking their federal assets in ACCORDANCE TO THE TERMS OF THE LOANS. I'm sure the loans offered to Nigeria as well have fine prints where federal assets such as infrastructure and natural resources such as oil block are used as collateral. Likewise Lagos debt of over $2 billion are secured with state assets including state government house. Don't be surprised if all these banks Lagos borrowed from come after Lagos assets if they default on the loans.

Eleyi Gidigan oooo

Hope China won’t take over Nigeria one day

Coz of our debts

Having said that

I think

Nigeria failed in this aspect

We should be our brothers keeper

It’s not only a slap on Zambia

It’s a slap on the entire continent

Am sure if Abacha or Moumar Ghadafi were alive

They won’t allow this to happen

sarrki they will soon take over Nigeria railway too.

Makes little or no difference since the airport still remains in Zambia. There could be concerns regarding national security though.

Foreigners have managed critical infrastructures in Nigeria and other countries without any outcry, this won't be different. Borrowing from China is still better than conditional loans from World bank that we've been collecting for years without anything to show for it.

I am not in support of unrestrained borrowing but if we must borrow to develop infrastructure, then, China is a better option.

And buhari is going there to gather more loans.

IMF doubs if we can repay our debts but the president is increasing our debt

China has already taken over Sri Lanka Sea port because of debt but buhari is still begging them to give him more loan

He has more than doubled our debt but they want us to vote for him.

In the next 10 years if we are not careful we will see China takes over oil blocks as collateral because of debt default

I pity my country Nigeria, time to Nationalize

seunmsg:
Makes little or no difference since the airport still remains in Zambia. There could be concerns regarding national security though.

It matters bro

That’s neocolonialism

Also The image has been battered

They will now become strangers in there own land

For those supporting the countless loans from China. Sri Lanka Sea port another example.

This is what China has been doing recently to poor countries. Nigeria be warn.

Nigeria don't have any road map for short or long term development.

Throwing money up and down is never the ans to any problem. You are more off developing China.

Beware!

Johnnyessence:
sarrki they will soon take over Nigeria railway too.

I pray it doesn’t happen

benben1000:
Sarrki, I hope you are not critical of China's decision. Nobody forced Zimbabawe to borrow from China using federal infrastructure to secure the loan in case they default. Now they are in default, China is taking their federal assets in ACCORDANCE TO THE TERMS OF THE LOANS. I'm sure the loans offered to Nigeria as well have fine prints where federal assets such as infrastructure and natural resources such as oil block are used as collateral. Likewise Lagos debt of over $2 billion are secured with state assets including state government house. Don't be surprised if all these banks Lagos borrowed from come after Lagos assets if they default on the loans.

The story really demoralized me

My God! Was this really posted by sarrki? My good gracious Lord!
'Like a frog being boiled alive'.. i fvckn like the way you wrote it sarrki.. Afterall, That is what your beloved 'president' went to china to do.. He went to boil Nigeria alive! I hope that nigeria would be able to pay back.. Because if they don't, it is not an airport that would be seized, but your father's fvcking mai-shayi shop and your uncles umbrella repairing kiosk

sarrki:


It matters bro

That’s neocolonialism

Also The image has been battered

They will now become strangers in there own land

Foreigners run most of our oil infrastructure and we don't make any fuss about it. Anyway, Nigeria is not at risk of defaulting so, there is really no concern for now.

One day we will wake up and China would have recolonized us...

This is terrible.

sarrki:
Eleyi Gidigan oooo

Hope China won’t take over Nigeria one day

Coz of our debts

Having said that

I think

Nigeria failed in this aspect

We should be our brothers keeper

It’s not only a slap on Zambia

It’s a slap on the entire continent

Am sure if Abacha or Moumar Ghadafi were alive

They won’t allow this to happen

"Nothing like slap on Zambia"
The terms must loan must be adhered to the letter!!
U default, u lose ur infrastructure ownership
Its a fair play

Only heavens know the bogus collateral ur skipper Buhari submitted on the loan terms with China!!!

benben1000:
Sarrki, I hope you are not critical of China's decision. Nobody forced Zimbabawe to borrow from China using federal infrastructure to secure the loan in case they default. Now they are in default, China is taking their federal assets in ACCORDANCE TO THE TERMS OF THE LOANS. I'm sure the loans offered to Nigeria as well have fine prints where federal assets such as infrastructure and natural resources such as oil block are used as collateral. Likewise Lagos debt of over $2 billion are secured with state assets including state government house. Don't be surprised if all these banks Lagos borrowed from come after Lagos assets if they default on the loans.

It is Zambia not Zimbabwe

https://www.youtube.com/watch?v=oWYQECDN2iM

BREAKING: China is Now Colonizing Zambia After Loan Default

I just stumbled upon this beautiful piece from the Sakers Vineyard. It's a must read for everybody.

It’s Africa’s choice: AFRICOM or the New Silk Roads By Pepe Escobar

When China calls, all Africa answers. And Beijing’s non-politicization of investments and non-interference in internal affairs is paying off big time

The dogs of war – cold, hot, trade, tariffs – bark while the Chinese caravan plies the New Silk Roads. Call it a leitmotif of the young 21st century.

At the Forum on China-Africa Cooperation (FOCAC) in Beijing, President Xi Jinping has just announced a hefty US$60 billion package to complement another US$60 billion pledged at the 2015 summit.

That breaks down to $15 billion in grants and interest-free loans; $20 billion in credit lines; a $10 billion fund for development financing; $5 billion to finance imports from Africa; and waving the debt of the poorest African nations diplomatically linked to China.

When China calls, all Africa answers. First, we had ministers from 53 African nations plus the African Union (AU) Commission approving the Beijing Declaration and the FOCAC Action Plan (2019-21).

Then, after the $60 billion announcement, we had Beijing signing memorandums of understanding (MOUs) with nine African nations – including South Africa and Egypt – related to the New Silk Roads/Belt and Road Initiative (BRI). Additionally, other 20 African nations are discussing further cooperation agreements.

Debt trap or integration?

That does not exactly paint the picture of the BRI as a vicious debt trap enabling China to take over Africa’s top strategic assets. On the contrary, the BRI is seen as integrating with Africa’s own Agenda 2063, a “strategic framework for the socio-economic transformation of the continent over the next 50 years” tackling unemployment, inequality and poverty.

Apart from letting the numbers speak for themselves, Xi deftly counter-punched the current, massive BRI demonization campaign: “Only the people of China and Africa have the right to comment on whether China-Africa cooperation is doing well … No one should deny the significant achievement of China-Africa cooperation based on their assumptions and speculation.”

And once again Xi felt the need to stress the factor that does seduce, Africa-wide – Chinese non-politicization of investments, and Chinese non-interference in the internal affairs of African nations.

This comes right after Xi’s speech celebrating the five years of BRI, on Aug. 27, when he stressed Beijing’s organizing foreign policy concept for the foreseeable future has nothing to do with a “China club.”

What that reveals, in fact, is a Deng Xiaoping-style “crossing the river while feeling the stones” fine-tuning, bent on correcting mistakes in what is still the BRI’s planning stages, and including the approval of a mechanism of dispute resolution for myriad projects.

African leaders seem to be on board. For South African President Cyril Ramaphosa, the FOCAC “refutes the view that a new colonialism is taking hold in Africa, as our detractors would have us believe.” AU chairman Paul Kagame, also the president of Rwanda, emphasized a stronger Africa was an opportunity for investment, “rather than a problem or a threat.”

A ‘non-enduring contingency location’?

According to the China Chamber of International Commerce, over 3,300 Chinese companies have invested Africa-wide in telecommunications, transportation, power generation, industrial parks, water supply, rental business for construction machinery, retail, schools, hotels and hospitals.

China is, in fact, upgrading its investments in Africa beyond infrastructure, manufacturing, agriculture and energy and mineral imports. China is Africa’s top trading partner since 2009; trade expanded 14% in 2017, reaching $170 billion.

In November, Shanghai will host the first China International Import Expo – jointly managed by the Ministry of Commerce and the Shanghai municipal government, a convenient stage for African nations to promote their proverbial “market potential.”

Xi depicted as a new and ruthless Mao? China mired in abysmal corruption? China’s massive internal debt about to explode like a volcano from hell? None of this seems to stick Africa-wide. What does impress is that in three decades, a one-party system managed to multiply China’s GDP per capita by a factor of 17. From a Global South point of view, the lesson is “they must be doing something right.”

The ultra-sensitive military front

In parallel, there’s no evidence Africa will cease to be a key BRI node for investment; a market with an expanding middle class receptive to Chinese imports; and most of all, strategic reasons.

And then there’s the ultra-sensitive military front.

China’s first overseas military base was inaugurated on Aug. 1, 2017 – on the exact 90th anniversary of the People’s Liberation Army (PLA). The official Beijing spin is that Djibouti is a base for peacekeeping and humanitarian missions, and to fight pirates based on the Yemeni and Somali coastlines.

But it goes way beyond that. Djibouti is a geostrategic dream; on the northwest Indian Ocean and at the southern path to the Red Sea, en route to the Suez Canal and with access to the Gulf of Aden, the Arabian Gulf and most of all the Bab-el-Mandeb Strait. This prime economic connectivity translates into transit control of 20% of all global exports and 10% of total annual oil exports.

Not accidentally, Djibouti’s top capital source is China. Chinese companies fund nearly 40% of Djibouti’s top investment projects. That includes the $490 million Addis Ababa-Djibouti railway, whose strategic importance far exceeds elephants, zebras and antelopes “roaming freely alongside a railway.”

Djibouti’s aim, as expressed by President Ismail Omar Guelleh – who visited Xi in Beijing last November – is to position itself as the number one connectivity/transshipment node for all of Africa.

Now compare it with the Pentagon’s AFRICOM agenda – as in an array of Special Ops deploying nearly 100 secret missions across 20 African nations at any given time.

As Nick Turse extensively documented in his must-read book Tomorrow’s Battlefield, there are at least 50 US military bases Africa-wide – ranging from what AFRICOM designates as “forward operating sites” to fuzzy “cooperative security locations” or “non-enduring contingency locations.” Not to mention 36 AFRICOM bases in 24 African nations that have not previously made it to official reports.

What this spells out, once again, is further evidence of the ever-replicating Empire of Bases. And that brings us to Africa’s stark “contingency location” choice. In the ultra-high-stakes development game, who’re you gonna call? FOCAC and the New Silk Roads, or Ghostbusters AFRICOM?

Source: https://thesaker.is/its-africas-choice-africom-or-the-new-silk-roads/

Who would you rather run to? The Chinese or The Amerikan bastards that have been killing us with IMF, COUP DETAT, ECONOMIC SABOTAGE & SUBVERSION, BALKANIZATION ATTEMPT, HIV, EBOLA & BOKO HARAM? I can go on & on.

They give you aides of $20Million & steal $20Billion in return - Cursed Bastards!

Below is a video of Sudan President revealing who are behind ISIS & Boko Haram.


https://www.youtube.com/watch?v=FENPN6eVblQ

They killed Ghaddafi & stole his Oil. Where is the 144Tons of Libya's Gold? It was shared by Amerika & NATO.

The same thing they're doing in Syria.


https://www.youtube.com/watch?v=uTzjrVaBUYQ

And after they successfully killed Sani Abacha, the bastards relocated her Soldiers to the topmost floor of our DHQ in Abuja where they were able to infiltrate every sector of Nigeria & Obasanjo allowed them - Awon Oloriburuku!

No foreign aid comes for free. They always have an underlying reason for offering them to us in the first place. Ubi-wallet says no to this exploitation of Africa and Africans. With ubi-wallet.com,we hope to put an end to this and make Africa, especially Nigeria the most developed continent on the world. We plan to do this by creating our own online community with our own special currency free of government control. The currency will peg at 1$ per coin. With this currency, we say no to foreign aids that westerners used to exploit our natural resources. We also say no to foreign loans further plunging our country into debt. We say no to politicians, you and I are the politicians. We make decisions together. We plan to launch officially in 2019 but you can read more about us at ubi-wallet.com.

Meanwhile, sign up to be on our list of early adopters that gets 10,000$ worth of coins when we launch: https://sites.google.com/betoniq.com/ubi-wallet/get-on-the-10000-coins-list

Together we can make Africa the best Continent in the world. Let's not just complain about the government. This is a chance to do something. Contact us to be added to our WhatsApp group:08103411195

Zoharariel:
I just stumbled upon this beautiful piece from the Sakers Vineyard. It's a must read for everybody.

It’s Africa’s choice: AFRICOM or the New Silk Roads By Pepe Escobar

When China calls, all Africa answers. And Beijing’s non-politicization of investments and non-interference in internal affairs is paying off big time

The dogs of war – cold, hot, trade, tariffs – bark while the Chinese caravan plies the New Silk Roads. Call it a leitmotif of the young 21st century.

At the Forum on China-Africa Cooperation (FOCAC) in Beijing, President Xi Jinping has just announced a hefty US$60 billion package to complement another US$60 billion pledged at the 2015 summit.

That breaks down to $15 billion in grants and interest-free loans; $20 billion in credit lines; a $10 billion fund for development financing; $5 billion to finance imports from Africa; and waving the debt of the poorest African nations diplomatically linked to China.

When China calls, all Africa answers. First, we had ministers from 53 African nations plus the African Union (AU) Commission approving the Beijing Declaration and the FOCAC Action Plan (2019-21).

Then, after the $60 billion announcement, we had Beijing signing memorandums of understanding (MOUs) with nine African nations – including South Africa and Egypt – related to the New Silk Roads/Belt and Road Initiative (BRI). Additionally, other 20 African nations are discussing further cooperation agreements.

Debt trap or integration?

That does not exactly paint the picture of the BRI as a vicious debt trap enabling China to take over Africa’s top strategic assets. On the contrary, the BRI is seen as integrating with Africa’s own Agenda 2063, a “strategic framework for the socio-economic transformation of the continent over the next 50 years” tackling unemployment, inequality and poverty.

Apart from letting the numbers speak for themselves, Xi deftly counter-punched the current, massive BRI demonization campaign: “Only the people of China and Africa have the right to comment on whether China-Africa cooperation is doing well … No one should deny the significant achievement of China-Africa cooperation based on their assumptions and speculation.”

And once again Xi felt the need to stress the factor that does seduce, Africa-wide – Chinese non-politicization of investments, and Chinese non-interference in the internal affairs of African nations.

This comes right after Xi’s speech celebrating the five years of BRI, on Aug. 27, when he stressed Beijing’s organizing foreign policy concept for the foreseeable future has nothing to do with a “China club.”

What that reveals, in fact, is a Deng Xiaoping-style “crossing the river while feeling the stones” fine-tuning, bent on correcting mistakes in what is still the BRI’s planning stages, and including the approval of a mechanism of dispute resolution for myriad projects.

African leaders seem to be on board. For South African President Cyril Ramaphosa, the FOCAC “refutes the view that a new colonialism is taking hold in Africa, as our detractors would have us believe.” AU chairman Paul Kagame, also the president of Rwanda, emphasized a stronger Africa was an opportunity for investment, “rather than a problem or a threat.”

A ‘non-enduring contingency location’?

According to the China Chamber of International Commerce, over 3,300 Chinese companies have invested Africa-wide in telecommunications, transportation, power generation, industrial parks, water supply, rental business for construction machinery, retail, schools, hotels and hospitals.

China is, in fact, upgrading its investments in Africa beyond infrastructure, manufacturing, agriculture and energy and mineral imports. China is Africa’s top trading partner since 2009; trade expanded 14% in 2017, reaching $170 billion.

In November, Shanghai will host the first China International Import Expo – jointly managed by the Ministry of Commerce and the Shanghai municipal government, a convenient stage for African nations to promote their proverbial “market potential.”

Xi depicted as a new and ruthless Mao? China mired in abysmal corruption? China’s massive internal debt about to explode like a volcano from hell? None of this seems to stick Africa-wide. What does impress is that in three decades, a one-party system managed to multiply China’s GDP per capita by a factor of 17. From a Global South point of view, the lesson is “they must be doing something right.”

The ultra-sensitive military front

In parallel, there’s no evidence Africa will cease to be a key BRI node for investment; a market with an expanding middle class receptive to Chinese imports; and most of all, strategic reasons.

And then there’s the ultra-sensitive military front.

China’s first overseas military base was inaugurated on Aug. 1, 2017 – on the exact 90th anniversary of the People’s Liberation Army (PLA). The official Beijing spin is that Djibouti is a base for peacekeeping and humanitarian missions, and to fight pirates based on the Yemeni and Somali coastlines.

But it goes way beyond that. Djibouti is a geostrategic dream; on the northwest Indian Ocean and at the southern path to the Red Sea, en route to the Suez Canal and with access to the Gulf of Aden, the Arabian Gulf and most of all the Bab-el-Mandeb Strait. This prime economic connectivity translates into transit control of 20% of all global exports and 10% of total annual oil exports.

Not accidentally, Djibouti’s top capital source is China. Chinese companies fund nearly 40% of Djibouti’s top investment projects. That includes the $490 million Addis Ababa-Djibouti railway, whose strategic importance far exceeds elephants, zebras and antelopes “roaming freely alongside a railway.”

Djibouti’s aim, as expressed by President Ismail Omar Guelleh – who visited Xi in Beijing last November – is to position itself as the number one connectivity/transshipment node for all of Africa.

Now compare it with the Pentagon’s AFRICOM agenda – as in an array of Special Ops deploying nearly 100 secret missions across 20 African nations at any given time.

As Nick Turse extensively documented in his must-read book Tomorrow’s Battlefield, there are at least 50 US military bases Africa-wide – ranging from what AFRICOM designates as “forward operating sites” to fuzzy “cooperative security locations” or “non-enduring contingency locations.” Not to mention 36 AFRICOM bases in 24 African nations that have not previously made it to official reports.

What this spells out, once again, is further evidence of the ever-replicating Empire of Bases. And that brings us to Africa’s stark “contingency location” choice. In the ultra-high-stakes development game, who’re you gonna call? FOCAC and the New Silk Roads, or Ghostbusters AFRICOM?

Source: https://thesaker.is/its-africas-choice-africom-or-the-new-silk-roads/

Who would you rather run to? The Chinese or The Amerikan bastards that have been killing us with IMF, COUP DETAT, ECONOMIC SABOTAGE & SUBVERSION, BALKANIZATION ATTEMPT, HIV, EBOLA & BOKO HARAM? I can go on & on.

They give you aides of $20Million & steal $20Billion in return - Cursed Bastards!

Below is a video of Sudan President revealing who are behind ISIS & Boko Haram.


https://www.youtube.com/watch?v=FENPN6eVblQ

They killed Ghaddafi & stole his Oil. Where is the 144,000Tons of Libya's Gold? It was shared by Amerika & NATO.

The same thing they're doing in Syria.


https://www.youtube.com/watch?v=uTzjrVaBUYQ

And after they successfully killed Sani Abacha, the bastards relocated her Soldiers to the topmost floor of our DHQ in Abuja where they were able to infiltrate every sector of Nigeria & Obasanjo allowed them - Awon Oloriburuku!

If you had a choice between American owned chevron and any other Chinese company in Nigeria , which would you or your children rather work for?
That is all I have to say.

seunmsg:
Makes little or no difference since the airport still remains in Zambia. There could be concerns regarding national security though.

Foreigners have managed critical infrastructures in Nigeria and other countries without any outcry, this won't be different. Borrowing from China is still better than conditional loans from World bank that we've been collecting for years without anything to show for it.

I am not in support of unrestrained borrowing but if we must borrow to develop infrastructure, then, China is a better option.

Thank you very much. This is why I use the tiny road in a slum example. For countless years a man lives on an untarred, muddy road that makes business activities impossible, and increases poverty and terrible living standards. A Chinese built road appears a week later. The place is transformed.

Is it better for that man to live without the road, and be without debt, or to have the brand new road, and be in debt?

I'D CHOOSE THE LATTER ANYDAY.

sarrki:

I pray it doesn’t happen

Under the dull one, anything can happen.

it is finished

seunmsg:


Foreigners run most of our oil infrastructure and we don't make any fuss about it. Anyway, Nigeria is not at risk of defaulting so, there is really no concern for now.

name one loan we've paid off

Rossikki:


Thank you very much. This is why I use the tiny road in a slum example. For countless years a man lives on an untarred, muddy road that makes business activities impossible, and increases poverty and terrible living standards. A Chinese built road appears a week later. The place is transformed.

Is it better for that man to live without the road, and be without debt, or to have the brand new road, and be in debt?

I'D CHOOSE THE LATTER ANYDAY.

there are roads worse than mud

CSTR1005:

If you had a choice between American owned chevron and any other Chinese company in Nigeria , which would you or your children rather work for?
That is all I have to say.

No doubt that i will for for an American company over any Chinese company.

sarrki:
Eleyi Gidigan oooo

Hope China won’t take over Nigeria one day

Coz of our debts

Having said that

I think

Nigeria failed in this aspect

We should be our brothers keeper

It’s not only a slap on Zambia

It’s a slap on the entire continent

Am sure if Abacha or Moumar Ghadafi were alive

They won’t allow this to happen

FINALLY UNDERSTANDS THE CAUSES OF ADOLESCENT MISBEHAVIOUR ON NAIRALAND
From the above statement, you sarrki are a Indomie generation; because if you were of age in 1994-1998, you would had understood that Abacha was no angel, on the contrary he was a demon.

Can I give you examples:

state assassination,

human rituals ordered by Sahelian Marabouts (ask Sgt. Rogers),

life Iong presidential ambition,
most massive looting of an African nation,

killing and acid treatment of corpses of Ogoni leaders led by Ken Saro Nwiwa,

importation of dangerous fuels during acute and intentional fuel scarcity by Abacha's son , leading to death of people,

poor logistical support for Nigerian ECOMOG forces leading some of them to begging for food on battlefield from Ghanian soldiers,

massacres in the Niger Delta and many more.

obviously, you still need a lot of catching-up on Nigerian history, especially you Buharists.