To what extent has china's massive overseas investment provided an alternative to these countries to the west that empowers them within the world system? And to what degree does it simply represent a new form of colonialism, this time with a chinese face? Actually this very complicated question with no simple answer. It depends on whether the countrys, the developing country concerned, is relying on one or mo bots, or external investors or extractors. What happened. in many subgistatien countries because a a ch China influence and economic inroad has been expending in their economy. Chinesis not particularly inventive in creating this kind of a li colonial situationa chinese company is just behaving
The second of our two-part interview with sociologist Ho-fung Hung on Chinese political and economic history. This episode covers the 2008 financial crisis, how China’s response deepened global and domestic economic imbalances and (alongside the US) heightened geopolitical conflict, the current situation—including Russia’s invasion—and a lot more. Listen to part one first if you haven't already.
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