The loan agreements that China is making with African nations are, on the surface, aimed at unblocking the financial bottleneck currently strangling emerging economies, by providing assistance with large-scale infrastructure development programs. All over Africa, Chinese companies are involved in the construction and management of roads, ports, power plants and industries. But, there is more behind the story than just helping Africa out of a difficult situation, much more. The net effect is that China will soon control a vast majority of the world’s food resources. That is when China will bring the United States to her knees.
CHINA AND SOUTH AFRICA
China is planning to build a massive industrial city in the Limpopo province in South Africa. The new city includes schools, gymnasiums, shopping centers, hospital and its own power supply. According to reports the Chinese government is not required to pay VAT (Value added tax @ 15%) and is they also do not have to pay Custom tax. Company tax for this project will be 15% instead of the usual 28%. for a bunch of communists, the Chinese have mastered the art of crony capitalism.
The Chinese will supply their own workers for the South African projects, meaning that South African employment will not benefit from this project. And these Chinese workers will be members of front companies for the Chinese military. So not only is China going to expand their economic imperialism, they are going to be occupying, with military forces, Africa as a whole.
China and South Africa have entered into large-scale industrial agreements and the South African President is not disclosing exactly what these deals are.
In the last 18 years, China has pumped more than $124 billion into Africa. Although China is a country with over 100 million people who are still living below the poverty line, however, they continue to invest billions of dollars in offshore schemes, especially Africa.
Disturbingly, China’s liberal loan hand-outs is nothing more than ‘debt colonialism’. China is lending exorbitant amounts of capital to impoverished nations in Africa which have almost no practical way of repaying the debt. In August 2018, China pledged R196 (South African Rand) billion to South Africa, during the 10th annual BRICS summit which was held in Johannesburg. The big three credit rating agencies, Standard & Poor’s (S&P), Moody’s, and Fitch Group have over recent years downgraded South Africa significantly. Ratings agency Standard and Poor’s has kept the country’s credit rating at junk status (BB). Now, SA has gone into recession. South Africa entered recession (Sept 4, 2018) for the first time since 2009. Statistics South Africa said the economy contracted by 0.7 percent in the second quarter due to massive declines in the agricultural, transport and retail sectors. The farmers are afraid to plant and invest more money into food production. Why should they? The ANC government promised to take their land. The new recession is a huge blow to President Ramaphosa’s controversial land reform policy. China knows that SA is in trouble due to extreme government corruption and incompetence and they are filling the gap, giving billions, knowing that they will take the assets due to non-repayment that awaits down the road. The Chinese are following the same plan that has enabled the World Bank to take control of several third world countries.
As stated, the Chinese are employing a “Western” version of crony capitalism. As I have reported earlier, the Chinese are deeply involved in the taking of white, South African farmland. The Chinese are splitting the profits realized from the underground mineral resources with the South African government. However, and much more telling, the Chinese are being allowed to control the above-ground agriculture, which is being sent back to China. Yes, and as this article will expose, China is after mineral resources and control of industry, transportation and infrastructure. However, their main goal is to control and the weaponization of food.
The Chinese African Debt Enslavement Plan
The Chinese have invaded several African countries with an imperialistic zeal that should fill the US with envy. Below is are excerpts from the operationalization of this Chinese plan of global imperialism.
CHINA & ZAMBIA
The Zambian government has gone into overdrive trying to defend the country’s reputation over fears that China is about to take over strategic national institutions and assets. Well, is it true? Are there any national assets that the Chinese are taking over in Zambia? The answer is yes! Let’s begin with the Zambia National Broadcasting Corporation. ZNBC is repossessed because they have ring-fenced the cash flows of the national broadcaster for the next 25 years. As if that is not bad enough, China has gained control of the signal; they are the signal distributor now and bullying any Zambian television investor who attempts to provide competition as a signal carrier. Where has it happened in the world that a foreign company becomes a signal distributor on behalf of the national broadcaster? And they are even licensing local television stations, making them pay to carry their signal. Can Google be very far behind this plot to complete control the flow of information? Also, China is taking over Zambian International Airport in Lusaka for default on debt repayment. They have also confiscated and closed a major highway in Zambia.
Due to China’s loan policy, the International Monetary Fund (IMF) has warned of increasing debt distress in 15 African countries. However, both the IMF and the United Nations stop short of condemning the Chinese for their hyper-colonialism.
In 10 years, their sleepy fishing villages here could be razed to create space for Africa’s largest port that the Chinese have planned. The tiny fishing village of Bagamoyo is set to become Africa’s largest port in a $10 billion Chinese development project. In typical Chinese fashion, they are saying to hell with the local economy and the ability for the locals to make a living.
CHINA & KENYA
Although Kenya and Ethiopia were the only two African nations among the 30 countries signing economic and trade agreements at the Belt and Road Forum (Barf) in Beijing in May last year, China has been very busy on the continent. The flagship Belt and Road project is Kenya’s 290-mile railway from the capital, Nairobi, to the port city of Mombasa, which opened to the public last year. There are plans to extend that network into South Sudan, Uganda, Rwanda and Burundi; it was already the country’s largest infrastructure project since independence. While in Kenya, perhaps the Chinese will build a shrine to Obama’s birthplace.
CHINA & ETHIOPIA
Ethiopia got a 470-mile electric railway from its capital, Addis Ababa, to the port in the neighboring dictatorship of Djibouti. The £2.5bn project – financed by a Chinese bank and built by Chinese companies. This project opened in January of 2018.
CHINA & OTHER AFRICAN COUNTRIES
Chinese infrastructure projects stretch all the way to Angola and Nigeria, with ports planned along the coast from Dakar to Libreville and Lagos. Beijing has also signaled its support for the African Union’s proposal of a pan-African high-speed rail network.
Everyone of the aforementioned countries has significant agricultural supplies. Stalin used food as a weapon as did Hitler and also that strategy was employed by Mao.
In the meantime, U.S. politics are so busy with infighting, thanks to the extreme Liberal Left-wing, Deep State agenda that is not only destructive, but nonsensical and irrational. Europe needs to deal with their self-inflicted migrant problem that will most probably shatter Europe. Due to these distractions, they are being outmaneuvered by China. We are soon going to awaken to a world where the Chinese control the majority of the world’s food reserves.
There is also the 800 pound gorilla in the room. Imperialism begets war without exception. With the rising tide of global populism, it is safe to that the irresistible force is about to move immovable object.
The London Guardian
The Daily Maverick
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