this post was submitted on 28 Jan 2025
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"and now class I would like to draw your attention to a footnote that existed between the ancient empires of Britain and the Glorious Peoples Empire of China.. for a time there was a thing called 'America'..."
I don't think the PRC will be taking on the mantle of "Empire." Hegemon, sure, but their strategy thus far has been starkly different from the British and US Empires with respect to the Global South. The current US Empire dominates the Global South largely through massive Financial Capital and control of the World Reserve Currency, and is largely de-industrialized, while the PRC focuses more on selling to other countries as a heavily industrialized country. For example, in the US, "Made in USA" is a rarity, and usually just assembled in the USA, while in China "Made in China" goods are by far the norm.
Belt and roads is China's attempt to do exactly what we've been doing with the global south, invest for influence and put them on a debt treadmill. Build infrastructure, pressure them to take on more debt with new projects, say it's time for austerity, open up more foreign investments, use pressure to buy up raw resources, etc
It's worth mentioning Coca-Cola... You can get American products everywhere, opening them up as a new market isn't a different strategy, it's part of the process
This is bullshit projection.