China & the West Looting Africa via Resource-Backed Loans | Vantage with Palki Sharma

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China & the West Looting Africa via Resource-Backed Loans | Vantage with Palki Sharma
The African Development Bank has issued a dire warning. It says that resource-backed loans are impoverishing the African continent. What are these loans? How are China and Western companies using them to drain Africa's resources? Palki Sharma tells you more.
Also Read: www.firstpost.com/opinion/van...
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Africa | Resource-Backed Loans | China | West | Loan Sharks | Firstpost | World News | Vantage | Palki Sharma
#africa #resourcebackedloans #china #west #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories - making Vantage a destination for thought-provoking ideas.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.

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Опубликовано:

4 июн 2024

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Комментарии : 1 тыс.

@dilldrill7902 2 месяца назад

We Africans should wake up

@lehwego 2 месяца назад

Don't hold your breath.

@yestomor7673 2 месяца назад

So why do you still not wake up?

@buravan1512 2 месяца назад

Do you believe PALKI's propaganda? I a Country needs a 1000Km highway... That's around 800million$, you can exchange that in crude oil or a certain quantity of Gold. You don't need to dig for those resources, put them on a railway and sell them... That takes so much time.

@ibizawavey8630 2 месяца назад

That will never happen. More afrobeats, more amapiano, more jolof rice and 'top 10 beautiful women in africa' that's all the blk man cares about.

@foodparadise5792 2 месяца назад

Chinese reached Africa in the 1400s before the Europeans and made no one slave, took nothing but still called colonialist, unreal....look up Zhang He.

@AndrewA.Peterson 2 месяца назад

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@gregorytimmons6012 2 месяца назад

This is very important! The world is de-dollarizing as we speak. On top of that, the Feds have been printing money like mad since 9/11/2001. We're paying (or promising to pay) $1 Trillion per year in interest on $34 Trillion national debt. That means that the present value of our future debt is $157 Trillion. On top of that, the only thing that has propped up our fiat dollar is oil. Thanks to the BRICS+ alliance, oil can be traded internationally, circumventing the dollar. On top of that the move to de-dollarization means, all of those dollars floating freely in the World are about to be repatriated. Google the risks to an economy when $Trillions and $Trillions suddenly come back home to roost! HINT: China, the largest holder of U.S. Bonds (by a lot!) has begun dumping U.S. Treasuries... Meanwhile, the U.S. complicit in a bad faith NATO goings-on, and a genocide, is being isolated along with Netanyahu. What is the U.S. Congress doing to address the wheels coming off of the U.S. bus? Holding kangaroo court over Hunter Biden's laptop and supporting a racist, buffoon indicted on felonies in 4 jurisdictions, who with 6 bankruptcies to his credit, is uniquely unqualified to lead us out of this mess. (Is that Nero I hear fiddling in the distance?) Are you alarmed, yet?

@vlarion2023 2 месяца назад

I don't think China actually loses money if that indebted nation cannot pay the money back, since they have to offer up mines as collaterals, something like the mortgage system where the bank takes your house when you can't pay.

@strawmanfallacy8666 2 месяца назад

So basically expansionism.

@gj8550 2 месяца назад

@@strawmanfallacy8666 How is it expansionism when China is not occupying the borrower's country. When a bank takes your house when you default, is that expansionism?

@strawmanfallacy8666 2 месяца назад

@@gj8550 Lol go ahead and sell your land and ports to China for all I care. Indians will just sit with popcorn & watch y'alls downfall.

@littlewhiterabbit7363 2 месяца назад

Your comment would be true if all China offers is money. However, China actually builds roads, airports, ports, and other infrastructure that stays in African countries. You can argue if they are being fully utilized, but the infrastructures are physically there, used by locals. A bank can take over your house if you don't pay. Which countries did China take over? How can China force another country to pay? How many times did Chinese military go abroad to "teach the diligent countries a lesson"? China's so-called debt trap diplomacy has been echoing for decades now. To call China a colonizer, China should at least took over a dozen countries already. Did that happen? If so, how come there is also equal amount of media reports that China is doomed due to trillions of insolvent foreign debt? Which one is it? 🙂

@presterjohn1697 2 месяца назад

@@littlewhiterabbit7363China builds infrastructure to streamline the extraction of resources which is exactly what European colonialists did.

@jigzjiggen6415 2 месяца назад

Africa never learn from their past. Bit by bit you will never knew that you will become slaves again by world powers. Stand to what resource you have and prosper it.

@zainabinti5170 2 месяца назад

We are already enslaved...all the loans we ask for are never paid. So we are in debt forever and ever.

@TD1237 2 месяца назад

And yet statistics show that Chinese trade has improved Africa.

@moffatwatts6857 2 месяца назад

Those are insult we don't like. There are countries which are doing well but you want to put Africa as one country 😢😢😢😢😢

@rebbybam230 2 месяца назад

USA owes china trillion debt ...so shut the fk up

@RasvonKoo 2 месяца назад

But how? They don't have the technology to dig their own mines

@raymonddon8875 2 месяца назад

im african & living in zambia. china did so many wonderful things to my country (i.e., hospitals, bridges, colleges, roads, ports, dams, etc.) and made our people live much better lives. we love, thank & need china!

@raxumar5602 2 месяца назад

On what price

@tarunika983 2 месяца назад

What you gave in return?? How much you people paid for it?? ..

@animesh7296 2 месяца назад

He is not that bright to think in those terms.

@phillipchan6919 2 месяца назад

It is Priceless, because other countries has not been able to do in Africa. 👍

@user-bp1bk8tj5x 2 месяца назад

it almost did great things for Czech republic too until our politicians accepted accepting bribes just from the US (well bribes, threats, black mail). Now we have NOTHING. Just another typical western economy, looks great on paper, people work nonstop and still struggle, drink and take drugs. FCK the US and its complicit spineless media.

@idolbernoy5581 2 месяца назад

Only the President of Africa will make money and the people of africa becomes more suffer

@jameswatson5807 2 месяца назад

I had no idea there was a president of Africa

@murdagzz4634 2 месяца назад

@@jameswatson5807it's a president of africa???Africa???? 😂😂😂😂😂😂😂😂😂😅😅😅

@Ahmed-gg4oz 2 месяца назад

there is no president of africa what you talking about africa is a continent

@jameswatson5807 2 месяца назад

@@Ahmed-gg4oz These people have internet yet they still continue to believe Africa is a country, and even worse they believe wakanda is a real place in Africa.

@Gorilla8 2 месяца назад

😂😂😂😂And the President of Europe should look into this and also warn the president of North and South America of this issue

@sgubhu1013 2 месяца назад

Atlesst we getting something in return unlike the West

@mawadricharles1632 2 месяца назад

But there better than America and Europe

@importantsomeone153 2 месяца назад

same thing many western leaders are in bed with sino wahabi leftist lobby no morals any outsiders can fund their politicians

@sosipin2000 2 месяца назад

You forget, better than India 😋😜😁

@phillipchan6919 2 месяца назад

Technology to Undeveloped minerals is not unfair trade. If you think minerals are priceless, then it is same for technology. Once you received the technology and wanted to call the minerals priceless is a simple remorse.

@Human_01 2 месяца назад

I'm concur. I am aware of this much...

@BB-jf9yr 2 месяца назад

But both are doing same 😂😂😂😂😂

@fada3399 2 месяца назад

China is not an angel, but it is not colonizing Africa. It's up to the crooked leaders to sign better deals. The horrors and brutality of colonization are memories Africa doesn't want to revisit. If the West had done a fraction of what China is doing in the continent, Africa should have been in a better place today. The prosperity of Europe depends on Africa, while Africa needs leaders with brains and nuts to unite the continent by all means possible for its prosperity.

@adolft_official 2 месяца назад

your tactics will not work this time, everyone knows how powerful funds vested elites and make majority suffer. Middle east is prime example

@ibizawavey8630 2 месяца назад

"It's up to the crooked leader...." so they are being colonized lol

@foodparadise5792 2 месяца назад

Chinese bring construction machines to Africa, while Europeans and Americans bring guns and bombs.

@traceyannmiller1287 2 месяца назад

Colonization comes in various ways - African peoples are suffering. As a black person i understand the various types pretty well

@peterneil6859 2 месяца назад

@@traceyannmiller1287Jealousy always in indian blood...😂😂😂

@linkmeforfun 2 месяца назад

China is not the problem. The problem is the African rulers. You cannot blame a bank for giving you a loan.

@jacktashi5230 2 месяца назад

So you mean Africa was colonized by the west. It was colonized by your leader. Africans were enslaved by your leaders not the west. Good to hear

@ihelpdesk661 2 месяца назад

People who say China not a problem just investigate where that infra making materials,engineers and project owned by. Chinese gives the loan for i.e infra building, project given to chinese companies,Raw material from China, Chinese engineers & maximum number of Chinese workers, loan money back to China. China is a saint it just knows how to exploit loopholes/corruption that’s what colonizers do.

@phillipchan6919 2 месяца назад

@@ihelpdesk661Do you have a better choice of countries that could help Africa countries develop? Is India your Choice? Nobody stopping you to switch.

@shencheanglow3726 2 месяца назад

Who is the Africa ruler? Do you know Africa have 50+ different people with different color and culture..?

@adolfnegeh6520 2 месяца назад

Good 👍

@soccerhub2543 2 месяца назад

Thank you! I hope Africans realise that even their leaders are not on their side. Sad but true!

@domingoworld 2 месяца назад

Please we Africans like china more than West Country's

@BB-jf9yr 2 месяца назад

Brother, you're going to seen true colours of china in future,god bless you my brother ❤

@yestomor7673 2 месяца назад

@@BB-jf9yrWe can see the true color of India already in the present.🤣

@judebrianlardera 2 месяца назад

Do you think Africans hate Japanese and South Koreans because they like Western countries and hate Chinese communist politics? I'm just curious.

@SYlmaz-wb1wb 2 месяца назад

I can only Agree with This Right and True Comment. Almighty bless you Brother.

@victoredwards3959 Месяц назад

Speak for yourself, the only people who benefit in china loan shark deal are the corrupt politicians. So we Africans do not like the Chinese, nor do we like the west either. We need to find away to help ourselves develop without being exploited, but corruption will never allow that .

@armineser2591 2 месяца назад

So instead of warlords fighting over resources the Chinese extract the surplus after providing infrastructure.

@angrycrypto465 2 месяца назад

are Europeans called "warlords" for WW1, WW2, Vietnam, genociding Australia, South America and North America? How about Mau Mau Rebellion as they call it (Massacre or Uprising is another name for that), the exploitation, rape and murder of millions of Africans, etc? A guess "warlord" is a baby term? What should we call them instead, "Masters of Chaos and Destruction?"

@DK-ev9dg 2 месяца назад

This woman hates China.

@Username78952 2 месяца назад

Truth can be bitter . 50 cents army

@DK-ev9dg 2 месяца назад

@@Username78952 the real truth is every 18 minutes a woman is raped in India. Also make some toilets first.

@Godaboveall99 2 месяца назад

So bitter about china,when india cannot construct 1k tarmac road in Africa.Now want to use media as wespon and palki as their missile.This kind of propaganda wont see the light of the day

@decoloniz_afro 2 месяца назад

True she can't stop running her mouth

@pierrerizzo9540 2 месяца назад

To the 3 of you there is no medicine for stupidity. Looks like it's an African gene.

@Jokwana 2 месяца назад

African's know what is right for themselves... you think we don't know how to choose a friend?

@zuckthebetacuck2789 2 месяца назад

Not so sure about that.

@lightningboltzjourney5317 2 месяца назад

I think african leaders should look at indian banks for loan without colateral.thats what palki is saying

@Jj-jg6pw 2 месяца назад

Indian banks don't lend without collateral. You must be born yesterday.

@satplm3011 2 месяца назад

Saying this colonisation means its undermining what british done to india in colonisation

@Dopaaamine27 2 месяца назад

It's neocolonialism

@ghonbon6341 2 месяца назад

like building your country while you complain about it ?

@ttemp2631 2 месяца назад

@@Dopaaamine27 what a nonsense it's not neocolonialism not even close. according to collins dictionary: '(in the modern world) political control by an outside power of a country that is in theory sovereign and independent, esp through the domination of its economy'

@Eniola0ne 2 месяца назад

Indian need to talk about their own colonial past. African Continent is mature enough to know who is colonizing them. Chinese contact goes back to thousands of years. What Chinese have done in the African continent in the last 25 years is more than what West did in four hundred years of colonialism. The Indian propaganda about Chinese is becoming biased. Indian should focus and tell their own colonial past. Because India is developing world, that has it own problem.

@TheJohn222222 2 месяца назад

British did the same . looted raw material and natural resources from india for 200 years.

@mikethapoetmb698 2 месяца назад

The problem with African states is far from neocolonialism, but so close to bad governance, corruption, nepotism, sit tight syndrome and greed. African leaders sign bad deals and leave there own people in abject poverty. Africa needs to unite, in order to address some of these challenges effectively.

@ndetokiio3563 2 месяца назад

it is not problem it is induced and encouraged by the west

@gj8550 2 месяца назад

'African states'? Is that like United Ststes? 😆lol 😆

@ankundamwebembezi6358 2 месяца назад

Africa uniting would mean us paying up a combined debt and no country would be willing to share the responsibility for debt from other fellow countries

@thinadlamini4671 2 месяца назад

@@ankundamwebembezi6358 African unity is a fallacy there's to much tribalism in Sub-Saharan Africa.

@TD1237 2 месяца назад

@@thinadlamini4671 I disagree. Pan-Africanism makes much sense to me.

@amosgenga321 2 месяца назад

You want to say India does not get loans, first post has been using this narrative for quite some time, comparing loans to colonialism, I find this outlandish, colonialism was for worse than what China is doing, infrastructure brings development and prosperity, come to Africa and see for yourself.😢 Abysmal piece of journalism.

@TheNewGuy-wd6xb 2 месяца назад

Problem is not loan, it is the terms on those loans. When the loan is with high interest payments and backed by resource based assets, it will deprive nation of its ability to generate revenue, this will become a debt trap

@TheNewGuy-wd6xb 2 месяца назад

lets say i give you 1000 USD in 20 percent interest for buying tractor to farm your land and if you don't pay me back I will take both tractor and your land to recover it. India takes loans which are not backed by the sole generator of income it has, its resources in such case.

@amosgenga321 2 месяца назад

@@TheNewGuy-wd6xb all countries have debt the Japan has the highest level of debt than any other country, has it's economy collapsed.

@decoloniz_afro 2 месяца назад

Exactly this aryans now days love African names in their carry mouth

@bibliophile5700 2 месяца назад

Do you know about neo- colonism and debt trap

@egbertvizeng 2 месяца назад

That’s business dear… nobody forcing Africa to sign

@phillipchan6919 2 месяца назад

Remorse due to Propaganda. Technology to Undeveloped minerals is not unfair trade. If you think minerals are priceless, then it is same for technology. Once you received the technology and wanted to call the minerals priceless is a simple remorse. Can China make remorse on technology transfer to Africa then? NO.

@Mark12434 Месяц назад

@@phillipchan6919 there is also technology transfer with these deals so that is untrue phillip.

@phillipchan6919 Месяц назад

@@Mark12434 China has technology transfer when infrastructure are being build. High speed rail is a good example of technology transfer. African countries get world’s most modern technology development in Africa for their resources. If you believe the trade is unfair, then don’t make the deal.

@Mark12434 Месяц назад

@@phillipchan6919 I think the trade is fair. core Infrastructure (railways, schools, hospitals) is very important and could be used as a baseline in order to develop further.

@phillipchan6919 Месяц назад

@@Mark12434 This Indian media is hiring actors to say the trade is unfair and slanders China’s good intentions. Yet, no other western country is willing to develop and transform Africa into a modern technology continent.

@SixerIverson04 2 месяца назад

Where is the outrage from BLM, Colin Kaepernick, Shaun King, Patrick Mahomes, AOC, CNN, Roland Martin, MSNBC, MSM, Lebron, NBA, WNBA, NFL, Shannon Sharpe, Biden, Kamala Harris, Frances Tifoe, Ben Crump, Al Sharpton, Steve Kerr, Stephen Curry, Greg Popovich, NAACP, Nancy Pelosi, Chuckie, Democrats, The View, Lewis Hamilton, Bubba Wallace, Don Lemon, Joy Reid, Obama, Michelle Obama, The Young Turks, Taylor Swift, Megan R., Travis Kelce, Beyonce, Oprah, Tom Hanks. Jay-Z, Hawk Newsome, The Black Panthers and Brittney Griner at for China colonizing Africa?

@ChosenCarter-ln7xs 2 месяца назад

You calling all of them out but your not helping either 🙄

@gregorytimmons6012 2 месяца назад

???

@raymonddon8875 2 месяца назад

amen & very well said!

@schuettebeboprocksteadyiib7686 2 месяца назад

Those are the wrong people to ask for an outrage from

@rockstarlifestyle9980 2 месяца назад

What outcry? We in africa love China

@kimiscof 2 месяца назад

Curry media is interesting🤣🤣🤣

@richmondasamoah1393 2 месяца назад

Whatever thing you are saying is very true but China Dealing is far better than the Americans and the European dealings.

@phillipchan6919 2 месяца назад

@BB-jf9yr 2 месяца назад

But both are doing same thing right 😂😂😂😂 exploitation of Africa 😢

@dimulaidari3714 2 месяца назад

@@BB-jf9yrAnd China did is worsen😊

@dan8910100 2 месяца назад

@@phillipchan6919 china has no "technology", only what theyve stolen from the west.

@ajeetkumarsingh389 2 месяца назад

But in the end both doing same things

@viralkenyan6249 2 месяца назад

I understand India doesn't like China, but working with China is way better than working with the West. It's something we have understood through experience. China over the West any day.

@phillipchan6919 2 месяца назад

@vibratooctave1805 2 месяца назад

Oh u r given noodles ,but china is looting diamonds from ur country

@viralkenyan6249 2 месяца назад

@@phillipchan6919 If you think China is exploiting Africa, then you can imagine what the West was doing to Africa. The West is soo evil, that's why no African country wants nothing to do with them.

@phillipchan6919 2 месяца назад

@@vibratooctave1805 That all they feel like when doing labor work for your boss. The boss is making diamonds and the workers are getting pay peanuts. 🥜

@BB-jf9yr 2 месяца назад

Both west and China exploiting Africa's natural resources😢 sorry Africans, god please help them 🤗🤗🤗

@southkoreausasmaster8805 2 месяца назад

Trivia: India’s per capita GDP is lower than that of many African countries, and then it teaches Africans how to govern the country and who to cooperate with.

@nmew6926 2 месяца назад

😂😂😂

@yoingen Месяц назад

哈哈哈哈哈哈哈哈哈

@crestfire8008 2 дня назад

Indians ☕

@alfredkokou2013 2 месяца назад

The new is already bias against china from day one, I wouldn't take anything china related from it until confirmed.

@user-ux9br2sg5b 2 месяца назад

Without good infrastructures, Aftica will not be a developed country

@user-re1yw3lm5n 2 месяца назад

AFRICA 🌍 IS NOT A COUNTRY. THE AFRICAN CONTINENT WITH DIFFERENT COUNTRIES. LIKE ASIA,EUROPE SOUTH AMERICA WITH DIFFERENT COUNTRIES. EDUCATE YOURSELF.

@RITMAN30 2 месяца назад

African people and countries must take care of their responsibilities.

@panashejmombeshora4021 2 месяца назад

Firstpost is sounding more American than ever. I respected Palki and Indian media for being unbiased, but they are just as good as their Western counterparts like CNN, MSNBC, the New York Post, etc.

@xmkl38 2 месяца назад

Wion is a Propaganda and fake news channel.

@adolft_official 2 месяца назад

do not depend on one, diversify with japan, india, korea

@Ahmed-gg4oz 2 месяца назад

They are marketing themselves don't believe her. Indians want to trade in africa Countries need to set up a parliament where deals have to be voted on

@Mark12434 Месяц назад

@@adolft_official We already trade with all 3 of the countries deals. It just usually China is the more attractive option. All 3 of the countries you mentioned through fall under western influence so maybe that is why African countries are a little bit more reluctant to trade with them. China is just the more attractive option, but the rest yes indeed african countries trade with them.

@gdavi18 2 месяца назад

You used to be a journalist with morals.

@peterneil6859 2 месяца назад

Jealousy always in indian blood....😂😂😂😂

@LizA0488 2 месяца назад

So African nations can refuse. This is not colonization.

@Maheshkadam999 2 месяца назад

They can refuse but never pay their debt 😂

@SagarSa774 2 месяца назад

Yes , but here comes bribe. Jonny jonny💸💷💶 yes cchhina...

@shivammalikO1 2 месяца назад

same logic given by western coloniser that your own people (african] behind colonialism and slavery, we only provided money, does such excuse that makes, western country exemplary ?

@Oti_world 2 месяца назад

We have stupid leaders in Africa.

@solomonKachi7000 2 месяца назад

In my opinion, all nations are doing this to an extent towards Africa. I would say the West is the worst at it, then China, then Russia (only due to less reach), and lastly India. India has a population inside Africa who are native though not indigenous and they seem like our best bet as business partners long term, however India is a nation with its own interests and Africans should not forget that

@baptisteallard6124 2 месяца назад

It's called business nothing strange about this. No one's going to give african countries or any other countries money that they're not going to repay so of course it's insured. African countries can win by repaying their debt, it's not a trap it's insurance. And as she said, China doesn't lecture other countries and as an African it's the most important part that a lot don't understand. So in the end it's the same without the lectures who do you think Africa is going to choose everytime ?

@phillipchan6919 2 месяца назад

@snakedoctor2048 2 месяца назад

@phillipchan6919 go cry to the leaders in africa who dont give a shit about their people , no foreign country should have to come to your country and build something as simple as good roads !

@user-px9tc4gi8k 2 месяца назад

Agreed with you. It’s a win-win for everyone. The Chinese give loans in exchange for resources from Africa. Africa will have money to pay the Chinese for infrastructures. The Chinese got your resources and you have airports, schools, etc. No fighting just trade. India is just jealous. I know they would have done the same.

@phillipchan6919 2 месяца назад

@@user-px9tc4gi8k India is a slow start with less resources than China.

@aparnakhanna4799 2 месяца назад

India is not jealous. If you think minerals and technology is a unfair trade. Think about prosperous middle east, it’s the mineral which made them who they are. If your country has corruption then only people are going to loose in future and country won’t develop plus china is not a saint.

@forestconstructioncontra 2 месяца назад

Whats has brought these nations to their knees begging for loans? Its the devastation of IMF loans, and G7 policies. Chinese loans are visible in capital projects that build revenue generating capacity.

@buravan1512 2 месяца назад

Exactly 💯% CHINA is not an Angel... But there's visible progress in almost all projects that CHINA is involved in, across the African continent.

@bruceyung70 2 месяца назад

India should deal with Africa with their awesome intolerance to corruption.

@vishaldeshpande4582 2 месяца назад

Learn to stay in the conversation mate!!

@stevenwilliams3015 2 месяца назад

Ignorance is a disease

@Username78952 2 месяца назад

Chinese 😂

@peterneil6859 2 месяца назад

Jealousy always in indian blood 😂😂😂😂

@Username78952 2 месяца назад

@@peterneil6859 Jealousy is a Chinese trait .

@user-gv1yg8ym7m 2 месяца назад

“A society grows great when old men plant trees in whose shade they shall never sit.” - Greek Proverb The problem is that greed kills visionary leadership.

@HelloAutoCarz 2 месяца назад

African countries need to hold their leaders responsible and start to cancel these loans…

@oroedwards-ib7vy 2 месяца назад

My friend said if they can't think you think for them.

@user-eg6ke7rd9q 2 месяца назад

India, a very excellent country, now teaching African people how to govern their country! That's so kind!

@new-estate39 2 месяца назад

Thx😊😊

@peterneil6859 2 месяца назад

Cow dung country...😂😂😂😂

@gj8550 2 месяца назад

‘Looting Africa’? Well Palki, did you conveniently neglected to mention that a number of projects in Africa were funded by the New Development Bank of which India is a member. Is India therefore a party to ‘looting Africa’?

@jacktashi5230 2 месяца назад

Love is blind 😂😂😂 You still love China😂😂😂

@gj8550 2 месяца назад

@@jacktashi5230 I just want to highlight the hypocrisies that are on full display here from time to time. 😂 😂 😂

@TheNewGuy-wd6xb 2 месяца назад

@@gj8550 The problem is not loan. The problem is the terms of the load which is backed by resources held by Africa which will be ceased by nations like China. The terms are set with such high interests that will push resources into Chinese hands. India has not become such powerful player yet to provide such loans as it should

@gj8550 2 месяца назад

@@TheNewGuy-wd6xb You must have missed my point that many of these loans are granted by the New Development Bank. The terms are negotiated between the African countries and the NDB. It is true that China is a member of that bank, but so is India. Furthermore, what’s wrong with a lender ceasing assets when the borrower defaults on its payments? Does your bank not take your house when you stop paying your mortgage? China builds roads, bridges etc for other countries. When they failed to make payments after the work is done, China obviously can’t take the roads and bridges away the way that your bank would cease your house. So the next best option would be to accept resources in leu of payments. At no time did China send troops into the borrower’s country and demand payments. Is this ‘looting’? Obviously, India is in a somewhat different predicament as it didn’t build roads and bridges for other countries.

@Tikau-mk4of 2 месяца назад

Since we would have something as return is better than western colonization and slavery

@sleepyjoe4529 2 месяца назад

By Palki's logic, I am being colonized every time I go to the bank or the grocery store.

@Jermiah06 2 месяца назад

Why So much hate towards China?

@Chr0n 2 месяца назад

This is mainly an Indian propaganda channel, there's dozens of them on YT.

@sanjanapanjwani7809 2 месяца назад

Ohh they expire fast.. that's why we hate china...🤗

@xmkl38 2 месяца назад

She is one toxic Indian.

@meghashyamkata3138 2 месяца назад

Would you say COVID 19 pandamic is also a propoganda 😂

@ChosenCarter-ln7xs 2 месяца назад

Why not 😩😭

@ts0128 2 месяца назад

Fantastic coverage,

@suzygirl1843 2 месяца назад

Black women should marry Chinese men.

@KaraboMaleka-il8lr 2 месяца назад

USA and Europe has done that too,

@phillipchan6919 2 месяца назад

No, they did bring in any real technology and infrastructure to Africa.

@Human_01 2 месяца назад

@@phillipchan6919 Stop lying. Enough with your narcissism and willful ignorance!

@user-jn7bq8wh1e 2 месяца назад

So that makes it ok for china to do...?! My neighbours enslaved a poor gullible guy..do ill do it too.. Thats ur attitude?

@phillipchan6919 2 месяца назад

@@Human_01 Remorse due to Propaganda. Technology to Undeveloped minerals is not unfair trade. If you think minerals are priceless, then it is same for technology. Once you received the technology and wanted to call the minerals priceless is a simple remorse. Can China make remorse on technology transfer to Africa then? NO.

@BB-jf9yr 2 месяца назад

👍

@yitongalex 2 месяца назад

If India care so much, come up with a better deal and complete.

@user-kq5xh1lm6t 2 месяца назад

Debt trap is a myth.

@peterneil6859 2 месяца назад

Africa's are not a fooled... indian media propaganda...😂😂😂😂

@Alice-7777 2 месяца назад

🤦‍♂️

@katlehomolale-mr6dc 2 месяца назад

Africa leaders are the one benefitting corruption and misuse resources. So your leaders are fools forgetting who made them presidents

@XiaoxiaoYuyu-ug3gy 2 месяца назад

it is called win win business palki so country can come in india and and do business and india not make money from it ?

@phillipchan6919 2 месяца назад

“What’s wrong with India?”

@kevinclasher3160 2 месяца назад

@@phillipchan6919India has nothing to offer so they talk shit about other countries…. Palki Sharma is a racist, that’s why she only talks trash about China, she has no shame, she manipulates the news. She doesn’t even understand what colonisation even means…

@souchao 2 месяца назад

Don’t take it personal , It just business, everyone is doing it.

@phillipchan6919 2 месяца назад

Remorse can be in business. Technology to Undeveloped minerals is not unfair trade. If you think minerals are priceless, then it is same for technology. Once you received the technology and wanted to call the minerals priceless is a simple remorse. Can China make remorse on technology transfer to Africa then? NO.

@riccardofrattali1607 2 месяца назад

As an Ethiopian, unlike Palki, I say china. At least they don't interfere In our internal politics, they don't sanction, they don't preach their politics, and when a country is in a crisis, they extend the payment deadline. Which world bank don't do...or even if they do, they ask some sort of control over internal politics. If most African countries lean towards china, there is a reason for it. Sometimes you have to choose the better worst.

@xaviermugumya619 2 месяца назад

The Guy with the bigger gun will always take the gold. China has a big gun. West has a bigger gun. Look at it closely, as an example, China picks the cobalt, inserts it in iPhone of apple. Apple picks the profits. Who is the fooling who?. And in my country India businesses buy almost all the artisan gold. We are all in the same cycle. and it is a lot.

@jampeldorje7703 2 месяца назад

Long live China and Africa

@jacktashi5230 2 месяца назад

Already married. Too late😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂 By the way , why you Bhutanese people like China so much? Putting a dog’s profile won’t hide your identity.

@Libra_Strings 2 месяца назад

But then these same countries chimes in on their laws and morals. Why should African nations listen?

@Alsace2018 2 месяца назад

Even if you give money printing machines to Africa, they won't be able to print money, so why not cooperate. Can still get a share of the pie

@AbdulMakavee 2 месяца назад

Palki is always bitter about China. Shes angry that India is not China😅

@Nepta1652 2 месяца назад

China never colonised any country in Africa. The African loan Shawks are the IMF and World Bank institutions that are controlled by the colonial west and America. Apart from conditionalities that these institutions impose on African countries, they also impose interest rates higher than those charged to western borrowers. China is a friend of Africa.

@TD1237 2 месяца назад

Exactly. If you look at all the evidence, and the effect China's trade with us has had, it becomes clear that our partnership makes sense.

@Mark12434 Месяц назад

We've traded with China for one thousand years.

@bjrnhjortshjandersen1286 2 месяца назад

China does not respect international law....then why should Africa accept unfair deals.

@judebrianlardera 2 месяца назад

That's why many African countries are part of the ICC while China, Russia, and the USA are not. 😂

@user-qb6gu4bk9lBiafra 2 месяца назад

Burkinafaso is changing Africa, Africa must be great ✊️

@Cellpeg 2 месяца назад

Indian jealousy continues.

@BB-jf9yr 2 месяца назад

Chinese jealousy continues 😂😂😂

@yestomor7673 2 месяца назад

@@BB-jf9yrHungry jealous Endians crying for food.(hunger index no.115)🤣🤣

@rohanpradhan2593 2 месяца назад

Oh no... we are not jealous ... you just have to look at the state of Pakistan and Sri Lanka ... both are so heavily indebted to China that even though the people are suffereing ....

@loneranger114 2 месяца назад

indians are extremely Jealous of China

@Jj-jg6pw 2 месяца назад

rohanpradhan2593 Their biggest debt is to the west. Yes. It's indian jealousy. You're just like the west.

@kshitizadhikari5145 2 месяца назад

This new outlet feeds on anti China theme and indians buy it. 🤣🤣

@phillipchan6919 2 месяца назад

Godi.

@thibo_thash 2 месяца назад

China is being strategic to benefit itself and grow so that it's ppl and nation gets to prosper. What African nations fail is to industrialize which is crucial if they desire to have their economies grow. However, with corruption, wars and overthrowing governments ingulfing the continent, moving forward and seeing that really each country's economy will grow is blurry.

@user-kq5xh1lm6t 2 месяца назад

India is obsess with china.

@nmew6926 2 месяца назад

Even being extreme dirt poor at 99,9% of the population, India was happy and comfortable in the 70s and 80s. But now they are unhappy even now they are better off. Why. Because China was same poor in 70s and 80s but now it economy skyrocket and India can't keep pace

@Article39A 2 месяца назад

Average buzzfeed clown

@sethphil6009 2 месяца назад

Well there's recovering from loot by the British which china didn't have to go through..but go off😅

@NN_1515 2 месяца назад

Loans, africa will have to repay. So then will china or western entities repay the resources that they took from africa back as well?

@ajaykumarsingh702 2 месяца назад

China took resources from Africa ? Those fancy ass highways and cities aren't free. China is taking its rightful price for the offered technology.

@rohanpradhan2593 2 месяца назад

The best part is that the Africans cannot re-pay the loans through cash .. so the do it by merely giving away their natural resources ...

@suzygirl1843 2 месяца назад

African women should marry Chinese men

@adolfnegeh6520 2 месяца назад

Palki I'm not convinced. You sell, i buy, i don't see any colonization here. Again,Africa want development but lack technical Know-how. Me as an African,I think African leaders should stop embazzlement

@bahillosleepinggiant3446 2 месяца назад

Who said Colonization has ended in Africa since 14th century? It will be naive to believe the Colonization has end. I am African i i known how our resources is building World economy.

@ROOFMAXXofSebringFl 2 месяца назад

You need President Bukele as a financial intermediate!

@casemchessare3843 2 месяца назад

Culele is inmoral

@kevinclasher3160 2 месяца назад

When you have nothing to trade with Africa, start some propaganda bullshit - Palki Sharma, favourite subject China…

@phillipchan6919 2 месяца назад

😂😂😂

@alhajibangura535 2 месяца назад

Thanks for measuring my country Sierra Leone

@phoenixhenson3689 2 месяца назад

Correction.. Western Countries wrote the book on Exploitation. Africa just doesn't want to deal with them anymore

@silvesterfelix372 2 месяца назад

India is an expert on this 75trillion worth of eperience

@dmjselvan 2 месяца назад

Let us be fair in reporting. No country follows ethics in international politics or business. The name Patel in Africa means exploiters. India could not continue to exploit Africa like the west and the China. Now we complain and start carping about it not because of concern about Africa but because we are jealous. I ALWAYS WANT INDIA TO FOCUS ON DEVELOPMENT OF OUR COUNTRY THAN PREACH TO OTHERS. THIS IS NOT BEING VISWA GURU.

@ROOFMAXXofSebringFl 2 месяца назад

Duh! Just Google the price of rude oil, brute Jade, etc. If you take off the price of the rental machinery per square foot and depreciated by 15 or 50 yrs. And you've got the price. But the dollar is losing its value daily!

@tolurker1 2 месяца назад

Did Palki say “…leaving your land barren, and your people impoverished…” Just look at the airports, the hydroelectric dams, the thousands of kilometres of Roads and Rairoads, the hospitals, the schoolls, etc etc…built by the PRC in the last 10 years, and the billions and billions and billions of dollars spent…

@AbdulMakavee 2 месяца назад

India is always jealous of China, because they are not able to do what China is doing 😂😂😂

@chrislee5685 2 месяца назад

Basically Palki logic is don`t invest in Africa or they will overtake India.

@shabeel7467 2 месяца назад

Palki if the British doesn’t colonize India before 600 years ago today you will be in the outpost stations in India not in New York so at least you mention the good the bad and ugly of colonization.

@Gorilla8 2 месяца назад

Africa was never not colonized. West Africa has all their revenue authorities' tax collections being held by France...and you ask which is worse?

@Godaboveall99 2 месяца назад

Why india is so jelous of china? Why not respect the position of china in the world?Why do indiàns see china are their rivals and competitors?Why not just accept that they are not in the same position with China?How is this propaganda think this will stop China-Africa relation

@casemchessare3843 2 месяца назад

China is defrauding and impoverishing the entire third world. There must be a way to stop them.

@BinuIJK 2 месяца назад

😂 And US has no propaganda against China?

@msingenuity4442 2 месяца назад

So it's leaving one slave master for another, African leaders and its people need to stop being lazy, blind and deaf.

@gj8550 2 месяца назад

‘Looting Africa’? Palki, please stop insulting Africans. They are nations of highly educated, sophisticated and intelligent people. They are fully capable of conducting business internationally and negotiate fair and equitable trade deals. Please treat them with respect that they deserve.

@Jokwana 2 месяца назад

Only one offer in the table it's for CHINA and we like it as AFRICANs. So what is a issue?

@davidfromamerica1871 2 месяца назад

Old news that is more than 10 years old concerning China in Africa. Old news concerning the West in Africa, more than 200 years old.

@phillipchan6919 2 месяца назад

This is simply remorse due to propaganda. Technology to Undeveloped minerals is not unfair trade. If you think minerals are priceless, then it is same for technology. Once you received the technology and wanted to call the minerals priceless is a simple remorse. Can China make remorse on technology transfer to Africa then? NO. Either should other countries.

@TheNewGuy-wd6xb 2 месяца назад

🤣ok ChinaGPT

@pedrodelacruz6068 2 месяца назад

all i hear is china china china lol

@ajaykumarsingh702 2 месяца назад

Because it is the sole ultimate Superpower right now. The West never says it openly because of their pride, but that's just reality.

@kevinclasher3160 2 месяца назад

Palki dreams about China…

@jamshidismatov4714 2 месяца назад

Palki even does not hide her propaganda on China.

@yestomor7673 2 месяца назад

She is jealous just like those online Endian bots.🤣

@PigraeliGodHashemRoasch 2 месяца назад

@@kevinclasher3160it's Pajeet Sharma for u oinking against her Master Modi command 😂😂😂

@matubemohanoe8874 2 месяца назад

China and the West are similar when it comes to exploiting Africa.

@Modulus_studios 2 месяца назад

Thanks for bringing this up, for the west you can go back to renegotiation But for China it up to the heavens, what I means is west you could go to the court for restructuring but for China there can't be a situation like that

@Moabi4 2 месяца назад

Ridiculous propaganda by Palki Sharma. Botswana ranks higher than India in almost all international rankings yet Botswana has loans from China. Palki is trying to block Africa from trading with China even though China has never colonized Africa. Palki now calls butter trading "colonialism". Its absurd. Multiple countries including India do butter trading but Palki doesn't think its colonialism. Its only when China trades with Africa that she thinks its wrong. China has invested the most in Africa than all of the west combined because China wants Africa to develop. China knows that a developed Africa will be a growth engine for the Chinese economy. It's win win. China doesn't want to create animosity in Africa. Also China can't be blamed for mismanagement of funds by African leaders. Palki is pathetic.

@Epicjaack 2 месяца назад

Develop like Pakistan & Srilanka Loans ? Wake up. When real problem strike China will run away.

@THEFALLGUY2.0 2 месяца назад

This is not new, news.

@oldcenturyhymns7577 2 месяца назад

Sharma relax. India is busy exploring Africa as well. I know them. Here in Uganda, find out

@user-ji3tw6wb4r 2 месяца назад

Poverty is not a bad thing for India, at least no one will criticize India for lending money to Africa😂

@Human_01 2 месяца назад

Thanks for the intel. This is informative, as always, Mrs. Palki Sharma. Karma will see to it that China gets what they sow; if they are good (fair) to the continent then they have good things to look forward to. However, if their relationship with the continent was largely predatory and negative, then the future will not be kind to China and its expansionism. China's karma will be forced (man-made).

@phillipchan6919 2 месяца назад

@ttemp2631 2 месяца назад

this shit load of nonsense intel? . look at the dictionary what colonize mean. collon dictionary: 'If people colonize a foreign country, they go to live there and take control of it.'

@JKSelama 2 месяца назад

How is slander against legitimate trade based on free will informative?

@ttemp2631 2 месяца назад

this is shit load of nonsense not intel

@MLTUNESMRD 2 месяца назад

Sounds like Indian is Jealous

@Speechless705 2 месяца назад

Please don't blame them to much. Our leaders are wicked, very corrupt. They opened the door why wouldn't they enter.

@faithtobi4613 2 месяца назад

Thank you for your insighful report❤

@bille.walker8769 2 месяца назад

Ok china is a colonisers but what have Indian done for Africa…

@yestomor7673 2 месяца назад

Nothing but Caste system. Such a bad culture invasion.

@pradipkumarmishra9214 2 месяца назад

Corona was developed by China, India gave the Vaccination to Africa😂😂

@yestomor7673 2 месяца назад

@@pradipkumarmishra9214 c0wpat vaccination?🤣 Sadly no Africans willing to take that.😭

@judebrianlardera 2 месяца назад

They were taken to Africa for labor because the British and others were so obsessed with Indians they exploited them like what they did to Africa (except the Ethiopian Empire) and other colonies.

@pradipkumarmishra9214 2 месяца назад

@@yestomor7673 How did you know, you took the shot😂😂

@Nathan-bh1nr 2 месяца назад

ቻይና አፍሪካን እያታለልች ነው መሪዎች አይናቸውን ልገልጡ ይገባል ያሳፍራል እስካዉን አፍሪካ ደሃ መሆኗ

@ajaykumarsingh702 2 месяца назад

Africa has no hope to develop technology. China is their only hope, even if it is looting them. Because the West won't even let them develop.

@CristoperCris-ix2rp 2 месяца назад

Sebelum Tiongkok datang, afrika kelaparan😂

@Pmooli 2 месяца назад

Do you know the competition for control of Ethiopian economy is the source of your war? Usa, china, gulf countries are fighting to control and exploit Ethiopia. FDI in Africa brings war and multidimensional poverty.