29
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 05 Oct 2023
29 points (80.9% liked)
World News
32372 readers
603 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 5 years ago
MODERATORS
So who’s turn is it to dominate them next?
Unless they’ve got viable plans for a stable economy with reliable exports controlled by non-corrupt leadership, someone is going to step in to fill the void, and China and Russia are already vying for the position.
China at least tries to develop the economy. China isn't really desperate for cheap natural resources as much as they are desperate for markets to export their manufactured goods.
Shifting these economies away from being entirely resource-based is the single greatest thing anyone can do to reduce poverty in the region.
China invested a lot into African hydroelectric power plants, apparently with a modest ROI