Its more about fostering political cooperation and trade with Eurasia, the ME, and north Africa, and especially having a direct pipeline to fund infrastructure projects in those regions, giving them an alternative to the western-capital dominated IMF and World Bank.
Rather than taking western loans, which always come with promises of wage cuts, privatization, and austerity measures, these countries will now have another option. The west wants to keep these countries weak and dependent on them, whereas China wants and needs to develop these underdeveloped imperialized nations to build a stronger socialist camp / multi-polar world to stand against western capital.
Its more about fostering political cooperation and trade with Eurasia, the ME, and north Africa, and especially having a direct pipeline to fund infrastructure projects in those regions, giving them an alternative to the western-capital dominated IMF and World Bank.
Rather than taking western loans, which always come with promises of wage cuts, privatization, and austerity measures, these countries will now have another option. The west wants to keep these countries weak and dependent on them, whereas China wants and needs to develop these underdeveloped imperialized nations to build a stronger socialist camp / multi-polar world to stand against western capital.
Seems like westerners can’t comprehend trade as a non-zero sum game. So much projection.