Comment on Lemmy.jpeg
PeriodicallyPedantic@lemmy.ca 5 hours agoBut they haven’t.
Right now PRC holds all the assets and gets all the revenue, and laos holds all the debt and all the risks, for 30 years. China has used this to grant themselves positions of control over large parts of the infrastructure planning.
Cowbee@lemmy.ml 5 hours ago
China does frequently forgive loans. As socialist countries, China and Laos have strong friendship and cooperative ties. Laos is not in any danger from the loans, and has been steadily developing partially with the assistance of said loans.
PeriodicallyPedantic@lemmy.ca 5 hours ago
China and laos have strong friendship… According to China today? 🤨
I’m not saying that China is currently taking advantage of Laos, I’m saying that China has put Laos in a position where nothing is stopping them from taking advantage of Laos. The threat is implicit.
marxismtomorrow@lemmy.today 4 hours ago
What could China do that the US dropping more bombs than were dropped during the entirety of WWII didn’t do?
PeriodicallyPedantic@lemmy.ca 35 minutes ago
As I’ve said repeatedly what China is doing is better than what the USA is doing. But that’s bar is so low that it’s buried under the ground. Being better than the USA doesn’t make them beyond criticism and doesn’t make it good. The lesser of evils is still evil.
Cowbee@lemmy.ml 4 hours ago
Here’s what Thongloun said:
It isn’t just a baseless “trust me bro,” China daily just reported on diplomacy between Laos and China. Either way, it sounds like you’re confusing the potential for bad for bad itself, for the time being there’s absolutely nothing to suggest China taking advantage of Laos.
PeriodicallyPedantic@lemmy.ca 57 minutes ago
The potential for bad is bad. It’s why benevolent dictatorship is still bad.
Let’s not forget the long history of vassal state politicians praising and thanking their subjugator.
Again, I think this is better than what the USA does, but it’s still worthy of criticism.