hNy rIng lOrd eBot.
The New Colonization: China Is Building Enormous Self-Sustaining Chinese Cities All Over The African Continent
During colonial times, European powers exploited Africa for the vast resources that it possesses. But what China is doing today is actually much worse. Yes, the Chinese greatly desire African resources, but ultimately what they want is Africa itself. But instead of conquering Africa using military force, China is using economics instead. Today, more than 10,000 Chinese-owned firms are operating in Africa, and virtually every major road, bridge, railway and skyscraper is being built by the Chinese. As a result, most African nations are very deeply indebted to China at this point. And as you will see below, when those debts go bad that gives the Chinese a tremendous amount of leverage.
Most of the “cities” that China is building are known as “special economic zones”. These “special economic zones” are essentially enormous self-sustaining Chinese cities that have been dropped right into some of the most strategic parts of Africa. For example, one of the biggest has been built right next to Lagos, Nigeria…
Next to Lagos, Nigeria, Chinese developers have built a walled-off “special economic zone”–basically a separate city, with separate rules designed to attract investors–based on a model they’ve used inside China for the last 30 years. After Shenzhen became a special economic zone in the 1980s, it went from a small town of 20,000 to, by some counts, 15 million today.
In these “special economic zones”, you will find Chinese factories staffed with Chinese managers that are supervising Chinese workers that are using Chinese equipment to make their products.
https://www.zerohedge.com/geopolitical/new-colonization-china-building-enormous-self-sustaining-chinese-cities-all-over
'''Didn't @Jack say he was going to spend time in Africa? Wonder why?
>>7682409 Lloyds, Halifax and Bank of Scotland online banking crash on New Year's Day
notable
yikes