Chinese foreign policy has been fairly cautious and covert compared to other world powers. I think this has generally been a good strategy as it has avoided major conflicts with the US and Europe in recent times.
I can’t think of any coup they’ve directly supported but they certainly have supported military movements and governments in other countries, including Vietnam, North Korea, Myanmar, and Venezuela. So they’ve been a bit less prone to overthrowing governments but they aren’t afraid to use similar tactics to keep friendly regimes in power, to helping those factions expand power.
I was speaking specifically of regime change efforts by the CCP, but I imagine that would be true of any empire. Yes, China is an empire—the fact that it is one nation doesn’t change the underlying political dynamic of exploitation of subjugated peoples in the periphery by the ruling elite.
China’s foreign policy model seems focused on making deals with the existing power no matter what. Part of that seems to be that China does not believe in odious debt like a lot of Western countries do. When settling debts, Chinese institutions have been far more insistent on keeping write-offs from occuring.
China has also generally pushed for more one on one transactional deals with countries. There have been some international institutions made like the AIIB, but I don’t see the institutional creation of systems like the USA tried to do.
A lot of times, the IMF will lead all creditors of a country to restructure, reduce, or reschedule existing debt. What is happening is that Chinese institutions appears to be less willing to write down bad debt, holding up a lot of negotiations between debt holders. So, the debt doesn’t get reduced.
Now you got me questioning if China ever got involved in foreign politics and back a coup which was more favorite to them?
Chinese foreign policy has been fairly cautious and covert compared to other world powers. I think this has generally been a good strategy as it has avoided major conflicts with the US and Europe in recent times.
I can’t think of any coup they’ve directly supported but they certainly have supported military movements and governments in other countries, including Vietnam, North Korea, Myanmar, and Venezuela. So they’ve been a bit less prone to overthrowing governments but they aren’t afraid to use similar tactics to keep friendly regimes in power, to helping those factions expand power.
China’s history goes back thousands of years. Scratch even the surface of that and you will find horrors, genocides, brutality, and atrocities.
I was speaking specifically of regime change efforts by the CCP, but I imagine that would be true of any empire. Yes, China is an empire—the fact that it is one nation doesn’t change the underlying political dynamic of exploitation of subjugated peoples in the periphery by the ruling elite.
I think the modern American empire is seen as much more dangerous than the modern Chinese one.
In the current moment I would agree. I’m not sure that would be true in comparison to a hypothetical sole superpower China. But who can say for sure.
China’s foreign policy model seems focused on making deals with the existing power no matter what. Part of that seems to be that China does not believe in odious debt like a lot of Western countries do. When settling debts, Chinese institutions have been far more insistent on keeping write-offs from occuring.
China has also generally pushed for more one on one transactional deals with countries. There have been some international institutions made like the AIIB, but I don’t see the institutional creation of systems like the USA tried to do.
What do you mean by keeping write-offs from occurring?
A lot of times, the IMF will lead all creditors of a country to restructure, reduce, or reschedule existing debt. What is happening is that Chinese institutions appears to be less willing to write down bad debt, holding up a lot of negotiations between debt holders. So, the debt doesn’t get reduced.
Is this a bad thing somehow? I would think reducing debts is generally beneficial, especially in times of economic crisis.
You might get to see that in Russia with how Putler is screwing things up.
Who needs to do that when they lare oan sharking the countries