How Chinese Money is Changing Africa | China/Africa Big Business | ENDEVR Documentary 

From Jamaica with love... true story jah know

"For more than 15 years, Jamaica tried to build a main road around the island. They borrowed millions from the US and UK, yet nothing got done." Politicians pocket the money themselves and now the people are paying for the "Toll road". If the country cannot pay the money back to the Chinese, they will be able to claim it as their property. China gets a foot in the country through the back door same as they have done with ports built in Sri Lanka and Greece.

@@desipanjaban I'm sure the contract was read, lol.

💯💯💯💯

@@desipanjaban Are you Indian? Do Indian media telling you China will claim the property of Sri lanka and Greece . You better ask local Sri Lanka and Greek people , how people think about local Chinese project . Do not read single word from YOUR media.

China does the same thing. These infrastructure will soon be leased or partially owned to them as examples like Sri Lanka have shown. They are just more patient about it.

@@arnowisp6244 You miss understand, extractive investment is about removing stuff from countries, whether it is production of labour like shoes or natural resources like oil. In this regard the traditional investments done by the west is highly concentrated in coastal areas as to be easier to ship. It is also the reason why the roads and infrastructure between African nations are lacking in the first place. What China is attempting to do is to build infrastructure to improve economic activity of the nation as to allow it to grow and repay the loan and also develop into consumer markets in the long run. In this regard, they are putting in work on projects that cannot be extracted as they are physically in the country. The arrangement of when debts cannot be repaid and assets are provided instead, ie ‘debt asset swaps’ are the last resort. In fact, other than the Sri Lanka port, China has not done any debt asset swaps with any other major debtor. Where as the IMF has, on numerous occasions, forced nations to part with sectors of it public utilities at the time.

@@the1onlynoob "has not done any debt asset swaps" Several countries beg to differ.

@@arnowisp6244 Give me an example that is not Sri Lanka, Because Sri Lanka begged China to take the port as it was, and remains to today, unprofitable.

@@the1onlynoob Because there was barely any shipping. China is not a fool and didn't know what the loan was used for and gave it anyway because they'll benefit one way or the other. Another example is Pakistan with 6 billion dollars. Had to give away a deep sea port on a 40 year lease plus China added their naval and air bases. Then Montenegro and their "highway to nowhere" And then finally the Maldives and their billion dollar Chinese bridge...evennthough they will sink by 2080. China only sees Africa as one giant voting block to vote in their favor in the UN.

Steal is not accurate, more like looting and pillaging. And genocide too, not just wars

And virus

China had it's fair share of wars and territorial takeovers. Gunpowder was invented there too

@@frankhe4862 pretty sure they wouldve thought the same if they were the conquerors. anyways, the CCP is on an economic and cultural victory all over the world. This doesnt matter. they'll control most countries soon

especially on China/India borders, and South China Sea

China will benefit more

All will depend on how wiser leaders will be in order to negotiate it with them

First step of poverty alleviation is building infrastructure

I am from there please people u can't fool us😡

That's exactly what they teach in The Xinjiang internment camps, officially called Vocational Education and Training Centers.

they dont believe in God

Thanks!

@Vick Barak yeah, so God bless China doesn't really makes sense. Also they believe the end justifies the means. If one half needs to starve to feed the other half, then so be it

@Vick Barak no. they've been more materialistic since Mao's cultural revolution. See for yourself if you want

China is playing nice so they can take the Africans resources.

Major comment for such minor thought

their leaders decided for them

I hope China does not bring out the receipt of how much they own you!!

@@smwk2017 you are right to my friend and another thing these Africans are depending on Europe and China to do everything for them with the skills that can learn to start their own businesses in engineering they're not doing that today wake up Africans woman romantic slow and they're going to have tons and tons of black people do not post to Italy in other countries. They can learn skills and build their own country they want the easy way out some of them.. and in the process of keeping Africa down..

Sad thing is , the Best and Brightest are the ones that seem to move out of Africa.

@@Crashed131963 that is so true because I don't get the support of their own people that's what I thought not to mention Africa is very corrupt..

They have the human talent, just decades of corrupt and despicable African leadership controlled by resource-hungry multinational corporations and former colonial powers.

.........they are still paying colonial-tax to France and 80% foreign reserve must deposit to French Central Bank...

Africa is a continent with a lot of countries and not a country 😔😫

ENDEVR doesn't need problems with the CIA and NSA monitoring its every move......

send in the proxy extremists and US soldiers to follow. that's standard operating procedures for US. there are US soldiers in 50 of 54 countries in Africa with 34 sites and 7'200 soldiers.

China doesn’t do something for nothing. Ghana is indebted to China is the equivalent to being indebted to a loan shark. Look up communism.

America bombed Africa?

@@Crashed131963 West is mainly(but not limited) perceived as Europe in Africa.

You mean holes in those countries budgets?

@@ssruiimxwaeeayezbbttirvorg9372 Why not? You mean these countries can just print Billions Dollars like FED without budgets?

@@davidlee120 no, they can’t. If you understand economics you understand why the fed can print so much money

Your writing is lighthouse in the history of África. Europe continent is so wealthy because 70% of such a wealth was expropriate out of África without the authorization of theirs nationals citizens. The whole world see the infamous british queen wearing that crown and that Nigerian gold stick and with that giant Angola diamond in the handle without said nothing. Pure international moral torpitude regarding the so aberrants and criminal África colonización . From the German museums with african stolen artifacts to the furniture in all those old castle in Europe the African ebony and ivory all the time is yelling about the crime that last for centuries were the inhumane british colonialist refuse to invest a pound of gold in the benefits of the African countries. Today we are witness the old colonialists potencies like French , England , USA ,the land of that bloody murderer called king Leopold etc, making bad comments against the Chinese investors in China , because for them the greedy feelings never have a end not matter all the looting they did . Hope África whole learn from the Chinese how to deal with the Criminals ex colonialists.

I agree.. China & Africa is win win collaboration partnership.. Western imperialism went to Africa made Slavery trades, massacre, colonised.. African is not blind..

Who is naive here? Hahaha

I'm just amazed at how Africans and chinese cooperate so well together. Especially the pilot school. So much better than with Australia.

@J Knight you sound like you have a victim mentality, so unlike the people from Africa that I know.

@J Knight No, actually they learn from the western looting and they know much better than you on collaboration.

They are only there for the natural resources

@@beeg_markfitness6706 everyone else has been here for the natural resources, the difference is China is not taking it for free

@@zealonrail3644 They are making business and fair trade. Others came with bombs and guns

@@beeg_markfitness6706 They are making business and fair trade. Others came with bombs and guns

@@beeg_markfitness6706 USA takes resources but don't want to help build Africa, At least with China, they're making a difference, more than any other Country. I'm from the USA and even I know we're not saints lol

Exactly.

the real debt trap is the American dollar hedgamony. if you don't use American debt aka their currency to trade, you'll be bombed , sanctioned, have your leaders overthrown and replaced by a puppet who will buy american debt and trade with the USD so they can print infinitely without inflating their economy because their inflations are exported

@@seanlee3863 exactly

And the debt from IMF are many times more, meanwhile nothing has been constructed ever since.

Yeah IMF has bad reputation which make Indonesia crisis on 1998

“Have a culture “ is a Chinese way to say “get education “, hope people can understand what u say

@@nxkm813 Website Translation

@@kochun2773 笑死 你这是笑话他们没文化吗？

China workers are racist

Nice joke! All Chinese technology is stolen from the west. The west invented every little piece of technology, china just steals. Chinese bridges, water pipes, sewages, ports all blow up or are poor quality. Nothing like that in Europe or North America.

@@tetrusadima gunpowder, paper ,compass, printing china made that. I do agree china took some technology from the west but they actually pull through using it to their maximum potential like bullet trains, energy systems etc.

How US and EU money changed Afghan, iraq, Syria, you mean over 100000 children and civilians die from those war

you got that right mate.

@@leluong2649 he is just being sarcastic dude

Yes, it is hard to appreciate the documentary. Music only needs to be low key.

@@tdesanchezThat's because we are regular viewers and we know the normal audio quality.

Either talk is too low or music too loud, but it is disturbing.

Bless the Chinese... When Africa is on its feet they will repay the favor 10 fold

Are you from the mainland? How are you on youtube?

My message to the chinese people: Prosperity breed jealousy. Beware of someone who flees his village and comes to befriend you! It is a friend in disguise, therefore a frenemy and a danger because once you've opened your house and arms to such a friendly foe, you will surely learn it the hard way. Well, I know that the asian culture knows it better than any other culture under this sun.

@@martinpark1082 ever heard of VPN?

🤣🤣🤣😅

China is holding up your Africa and if I may ask which Africa and if yours

Australia: China bad!.....Huawei bad! Also Australia: Happily helping America commit war crimes in Iraq and Afghanistan.

@@Sabundy lots of people conveniently forget Iraq, Afghanistan, Libya. All very recent.

No but they come with extortionate interest rates

😂yeah ok

@@adrianmartin6974 What's the interest rate?

Gyude Moore has explained that China offers diff approach than the West. It‘s on RU-vid, very interesting.

@@zedmoe I think the same way they have been paying of Europeans and the Americans for the last 2 centuries!

@@zedmoe No, the U.S. is only interested in extracting natural resources and selling military weapons, almost no infrastructure development.

@@zedmoe American playbook 🤣

@@zedmoe China does not force any African countries to borrow from it. If you think the term is not fair, do not accept it. Period.

@@zedmoe it's no American playbook. It's a better version for both parties. Nothing is free anyway, so instead of just literally being slaved, this is a much better type of deal.

Because Western media keep demonizing China all the time.

At 6:36. "Equipping locals with skills help us improve work efficiency." Give a man a fish, and you feed him for a day. Teach a man to fish, and you feed him for a lifetime. They are not being fed but taught how to fish. Those workers are Africans, not Chinese. You need to watch the whole episode before commenting.

So why US came and invested in China?

@@user-xi2ru4bu9f RESPECT, now it's time for us to build our own infrastructure...

@@TEAM_Sacrifice301 yes. Self-reliance is the key and a developed Africa is good for everyone.

@@irritatedanglosaxon1705 Cheap labor and low taxes. Also huge potential market.

At least they building it not destroying ur continent like white people did few hundred years ago. Yes you have to pay back but thats life. You want food you have to work and pay for it nobody is gonna give you for free.

The loans allows Africa to obtain funding that other countries are not willing to do. It is high collateral debt for China however the African countries help by repaying them by voting same as China on U.N. decisions.

The majority of Africa's debt is owed to the West; China accounts for about 17% of the debt, and the debt owed to China is primarily related to infrastructure projects, which are sorely needed by Africa. Gyude Moore, who served various roles with the Liberian gov't, delivered a very informative presentation in 2019, “China in Africa: An African Perspective”, through the Paulson Institute. Check it out on YT. * John Yossarian did a great service in summarizing most of the main taing points of Gyude's presentation. This summary included: ** Africa lacks infrastructure. Especially paved road and electricity. Only 43% of all roads in Africa are paved. 30% of them in South Africa. ** Because of this lack of infrastructure. Africa's total share of the global trade in 2017 was equal only to South Korea. ** The Chinese showed up and began to build infrastructures that were not based on the old colonial infrastructure model, which was to facilitate the exploitation and movement of resources from the periphery (the African colonies) to the center (Western colonizer countries) and not meant to connect African countries with each other. ** What China is doing now is to build infrastructure to connect African countries and cities, which makes it possible for regional value chain to develop. ** After the end of Western colonialism of Africa, Western states in Africa were replaced with Western companies that negotiated unfair deals with African governments. ** It was the inadequacies of these deals that made African countries welcomed Chinese companies. ** The suitability of China as a partner of Africa lies in the fact that Chinese companies offer to do projects on lower costs when compared to Western companies. ** China's share of total African debt stock is 17%. Most of Africa's debt are owed to multilateral developmental banks and private Western institutions, which is the main driver of debt in Africa. ** There are 54 countries on the African countries. Close to 90% Chinese debt to Africa went to 7 or 8 countries: Kenya, Ethiopia, Djibouti, Angola, South Sudan, Democratic Republic of Congo. ** China's presence in Africa has been and continues to be a net positive. The future is unknown. ** Between 2000 and 2019, China has waived, restructured, and rescheduled debt payment 87 times.

​@@bonanza06 Dear bonanza: Your analysis is excellent but What An Overkill !!! The bottom line is that Western "aid" to all 3rd World nations has been Predatory. The IMF and the World Bank will only give loans to the 3rd World after extracting "austerity" concessions that are designed to suck that nation dry of profits, raw materials, and cheap labor, all the while laying it bare solely for Rich White Western Corporations to get even Richer. Business is Business but at least the Chinese know how to make friends and alliances in the process. ... jkulik919@gmail.com

'Africa's debt to China' is still Chinese money. Semantics aside, I'd rather have this so-called China's debt-trap diplomacy than the West's aid-trap version that we have lived with for decades. Debt instils discipline in money usage while aid takes away your dignity and turns you into a perpetual beggar. Heck, Africa has been transforming in real-life for the past 10 years. I'm from Kenya and I have seen critical infrastructure happen that I never imagined I'd live to see. The question of how will we pay? Well, these capital projects are enablers of economic growth. We may struggle at first but watch this space, Africa is on the ascent and these loans will be a breeze for us to repay in a not-so-distant future.

Too racist.

Not only USA but the whole of Europe has been minting minting from Africa for decades,

Colonizers only take

LOL US cant even fix their own country's infrastructure let alone Africa...

Ray Bod you probably think all Americans are white

Make sure you can differentiate between colonization and international trade.

Blaming? That what the west believes and what’s people to believe. I talked to Sri Lankan friend, he said he preferred China taking over their ports from their corrupted government. He sad it’s ok that China’s taking in come from the port since they can run the port better and that benefits the people more. Lost is to the corrupted government the gain is to the people

if China didn't build the port, it was just some empty land with little value. what's the downside? at least you'll get a port eventually. You get what you pay for. If they work hard and use infrastructure to boost their economy, they may not default on the loan.

That is very true that Africans must stand on their own feet, but even the U.S. was helped by European investors in the early days of development.

but money cant buy everything