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Re:China's Subprime Crisis Is Here by saiya-jin on Wednesday February 17, 2016 @07:26AM (#11117337)
well, and now let's look what their "competitor" (west) have done during those hundreds of years of presence there...

Yes Chinese are not saints but pure capitalists, I see no evil in their actions. On the other hand, white man's actions there were evil on quite a few occasions

Re:China's Subprime Crisis Is Here by puranjay on Wednesday February 17, 2016 @08:07AM (#11117568)
What's more evil: China following unethical economic practices to lift hundreds of millions out of poverty, or China following the rule book and letting hundreds of millions languish in poverty?

From where I stand, China NOT being pure capitalists for the good of their citizens is more evil.

It's well and good when a developed country talks about ethics and capitalism - they have the luxury to. But when a country where millions live in humiliating poverty, don't have enough to eat, and have no hope for the future, it would be far more evil to follow the book and let down these millions.

Re:China's Subprime Crisis Is Here by vkou on Wednesday February 17, 2016 @09:44AM (#11118123)
What kind of poverty is going to be left after the investments are done and the resources are extracted?

Should the people living there leave, like they are leaving Alberta and North Dakota now? Is your country going to take them?

Re:China's Subprime Crisis Is Here by oliwarner on Wednesday February 17, 2016 @08:32AM (#11117678)
You might as well argue that two wrongs make a right.

They don't though. We should all be helping underdeveloped African nations reach a basic level of education, economy and healthcare so they can decide their own future in the world.

As it is, they're being economically suppressed.

Re:China's Subprime Crisis Is Here by logfromblammo on Wednesday February 17, 2016 @03:36PM (#11121112)
Help them how?

The best way I can think of to help a developing nation is to buy the exports of its domestic companies.

Foreign investment into resource extraction sends money in when the goods come out, but then it goes all the way round in the revolving door and comes right back out to pay the foreign investors. (Foreign investment in infrastructure at least leaves the roads/wires/pipes behind when the money goes.)

You want to help Africa? Buy African goods and services from African-owned companies, whenever they are competitive in the world market. Treat them like economic grown-ups, and eventually they will shake off the memory of living in their colonial power's basement apartment and getting a weekly allowance.

Stop sending free money. It just ends up fueling corruption and making local business less competitive.

Africa, like everywhere else, is perfectly capable of addressing and solving its own problems when outsiders aren't constantly intervening in its affairs.

Re:China's Subprime Crisis Is Here by adwf on Wednesday February 17, 2016 @07:50AM (#11117470)
You see no evil, yet. I don't want to know what happens when the latest wannabe dictator comes along and nationalises all the Chinese infrastructure...
Re:China's Subprime Crisis Is Here by epimetheus on Wednesday February 17, 2016 @02:04PM (#11120313)
A pretty short war? I don't see where China would be too worried about a small time dictator? Or was that your point and I missed it? It could be good for Africa for that to happen, have China step in and assume some order, rather than the Chaos that is keeping many of these countries economically down.
Re:China's Subprime Crisis Is Here by adwf on Friday February 19, 2016 @04:30PM (#11136778)
And then we're back to the bad old colonial days which the west gets so criticised for...