China is a massive massive loan shark to emerging economies and is literally one of the largest IMF backers. Although once again you’re sound very conspiracy theorist here blaming the IMF which the entire world is a member essentially. If you look at voting power China alone has more than every Nordic country combined.

China literally exploits not only their own people but everyone who’s weaker than them. You’re seriously commenting in bad faith here.

[–] Cowbee@lemmy.ml 8 points 5 days ago

China doesn't operate in that way. China is a country focused on selling goods it produces, ergo it cares more to have customers. The BRI and BRICs exist purely to build up more customers, it's neither charity nor Imperialism. Countries enter it in exchange for large infrastructural build up, in order for China to have new customers that aren't the West, who as we observe are quite fickle to work with. As this article from The Atlantic puts it, The "Chinese Debt Trap" is a Myth.

The IMF is absolutely to blame for requiring loan recipients to privatize their key industries for foreign plundering, and the US is the worst among the biggest lenders.

No, I'm not being bad faith here. You're stonewalling and relying on false assumptions, which I have already pointed out.