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this post was submitted on 12 Jun 2024
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"Multipolarism" is just multiple countries doing imperialism, not the antidote for imperialism.
One time, I could in no way convince a tankie, that Chinese loans weren't just "money given as present", and called any news about them being paid back as "fake news", because in their mind, China is a generous country that helps other out of their good heart, with no strings attached.
How they can't see the belt and road initiative as an attempt at establishing hegemony blows my mind. They really think China is doing it out of the goodness of their hearts.
It's Empowering the Global South to create a United Front against Western Neoliberal Imperialism(tm)
I don't know if it's fortunate or unfortunate that China is in the process of learning the old lesson of "If you owe the bank a million dollars, you have a problem; if you owe the bank a billion dollars, the bank has a problem".
I'm in one of those countries receiving the Belt and Road initiative (Hungary), and we still have the austerity measures, but hey, there's a percentage-based tax break system that gives more to people the richer they're (they had to put a limit on the maximum amount of money after too many backlash), and no one in the Chinese government are complaining (not requesting to change it, complaining) about most of the media is in the hands of party henchmen.