A Chinese Company Reshaping the World Leaves a Troubled Trail
bloomberg.com
bloomberg.com
He says they setup work camps and have facilities so they can be isolated from the locals. A Chinese worker won't spend a single Yuan in Zambia.
He joked that it's colonisation 2.0
Even places you would never think, like Italy and yes, even the United States.
(Sorry there’s no link. I tried to Google some of the recent newspaper articles I’ve read about it, but it’s simply not possible to search Google with the word “Chinese” on mobile and get anything but restaurant listings and reviews.)
Given this story you would think Bloomberg would be equally 'concerned'. But they are defending Chevron in that case which means they do not really care about the issues discussed. [2]
And this is not new. This has been happening for decades and there is a long culture of exploitation and decimation by any country that can get away with it perpetuated under cover of this kind of fake concern and selective outrage. Needless to say these problems won't be solved without a more sincere and serious global effort.
[1] https://therealnews.com/stories/chevron-arbitration-ruling-a...
[2] https://www.bloomberg.com/view/articles/2018-07-12/chevron-n...
Now, construction can also cause environmental damage worldwide. (By definition, it has to cause environmental change in some way.) But some may do better at limiting the environmental damage than this company does.
In all seriousness, I don't mind weird units when they are a small multiple of what is being discussed. Like 2 Olympic swimming pools of beer or the weight of a fully loaded 747. But the point is that people don't readily understand large numbers. Saying the sand "weighs as much as 70 million Toyota Camrys" is no better for people than saying it weighs 250 billion pounds. How about 20 Great Pyramids? Someone who has seen the Pyramids will have some idea of the magnitude then.
It really feels like a soviet 5 year plan. Bureaucratic delusion.
But as often China is capable of drawing a plan over 50 years and to execute it over that time frame.
What they are doing is developing and reshaping global trade routes around China.
That's a strategic, long term plan.
And yes, building roads and railways will expand the economy. Let's remember how the US developed the West.
Also, the only "50 year plan" I can think of is Den Xiaopin opening the economy, and it went through because he was still powerful and alive until a few years ago. And it was more like a 30 year plan. Do you know many great long-term successes from them? Because they're more famous for things like the great leap forward.
Of course not. Building trade routes and railways to span Eurasia is thinking 50 years down the road.
You said "But as often China is capable of drawing a plan over 50 years and to execute it over that time frame". Can you give (multiple since you said "often") major 50 year plans, that China announced and then delivered on? I don't know all that much on that topic, and as I said before their most famous efforts at planning/reforming didn't turn out too good.