CHINA AS A CREDITOR

Except from "Why the World Needs China: Development, Environmentalism, Conflict Resolution and Common Prosperity" by Kyle Ferrana
While the US portrays itself as a noble example of freedom and democracy, it has in fact led the world to greater inequality than ever before. But now, for the first time in decades, nations facing the brunt of its domination and exploitation have alternative, more tenable options in pursuit of development. Chinese finance is building badly-needed infrastructure where the West would not, Chinese commerce is providing a lifeline to countries the US has targeted for destruction, and Chinese industry is producing new sources of renewable and transition energy at an unparalleled rate. 

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#Economics/Finance #Imperialism #Poverty #Self-Determination #BeltAndRoad #BRICS #Development #Environment #Finance #Geopolitics #Imperialism #Multipolarity #PoliticalEconomy #RenewableEnergy #Socialism #WorkingClass #Xinjiang