In response to Kathy Gyngell: China’s rise could cost us all dear,
Nigel Ford wrote:
It’s in Africa the Chinese have really been monopolising, developing their primitive infrastructure to exploit and own their natural resources. Sadly the dictatorships which seem to operate in these African countries seem to go unchecked as long as China gains control of their commodities.
Chinese investment is certainly a double-edged sword.
Jonathan Tedd wrote:
China has gargantuan levels of debt. It will inevitably crash and burn, totally reliant on Western consumers (also at debt saturation).