In the upheaval of President Donald Trump’s blanket tariffs, China is seeking common cause with jilted partners of the United States as it tries to extend its influence and take center stage in a new trade order — rebuilt without Washington.

https://archive.ph/vWW6X

  • sensiblepuffin@lemmy.funami.tech
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    4 days ago

    Never said military actions. China has been trying to establish economic hegemony in Africa for a while via giant loans for infrastructure projects that the nations in question could never possibly repay. Of course, the terms of the loan establish that if the nation defaults, China immediately gains control over all assets built with the money.

    https://www.bu.edu/gdp/2023/09/18/a-new-state-of-lending-chinese-loans-to-africa/ This has some fun charts about the phenomenon.

    • electric_nan@lemmy.ml
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      4 days ago

      Economic coercion requires the threat of military force. When I hear the phrase “boot on the neck” I’m imagining a soldier’s boot.

        • electric_nan@lemmy.ml
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          4 days ago

          Maybe you forgot that they don’t send it all over the world, unlike certain other countries.

          • sensiblepuffin@lemmy.funami.tech
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            7 hours ago

            shrug The US uses their military to establish economic hegemony, China uses economics to establish economic hegemony. The result is the same. Nice goalposts you got there, by the way.

            • electric_nan@lemmy.ml
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              6 hours ago

              The military is used to establish and maintain economic supremacy. See any time a country moves to nationalize US “interests”. Without the threat of military force (direct or proxy), the supremacy can’t be maintained. Maybe China will behave the same way at some point, but at this point it’s little more than projection to suggest so. Shrug all you want.