ACT's David Seymour - i like his style.

[Panda-NZ-]

National claim its $10Bln, a curious number considering it matches their own fiscal hole in funding that China might fill. No strings attached...

He obviously thinks we are third world.

Debt diplomacy NZ edition - sell auckland port for payment.

[Daytr]

If Luxon uses China for infrastructure, that would make him a traitor in my books. The man is detestable, that would make it that much more.

Incredible that he doubled down on the possibility of Chinese funding infrastructure.
The US & Australia will be infuriated.
Dumb, dumb, dumb!
Luxon's election to lose.

[Balance]

Incredible that he doubled down on the possibility of Chinese funding infrastructure.
The US & Australia will be infuriated.
Dumb, dumb, dumb!
Luxon's election to lose.

What’s wrong with using China funding for much needed infrastructure upgrade in NZ?

[justakiwi]

How much time have you got? Actually nah, someone else can enlighten you. I don't need the stress.

What’s wrong with using China funding for much needed infrastructure upgrade in NZ?

[Balance]

How much time have you got? Actually nah, someone else can enlighten you. I don't need the stress.

Swallowing the American narrative (started in Trump era) whole about China infrastructure funding and the debt trap?

Suggest you enlighten yourself with what's really happening out there with the infrastructure upgrades in third world & developing countries before you swallow the American BS whole.

Like you swallowed Clueless Cindy's BS & Spin whole.

[Blue Skies]

What’s wrong with using China funding for much needed infrastructure upgrade in NZ?

Unbelievably short sighted, everything's wrong with it.

Just some countries experiences of China's funding infrastructure projects,
Rapid increase in Public Debt, lack of transparency & corruption, little care paid to environmental issues, use of poor quality materials resulting in infrastructure projects going awry & failing, countries saddled with staggeringly high interest rates, loans restructured with further loans resulting in debt cycles, loss of sovereignty, the list goes on.


If we would be so gullible you can't blame China for exploiting our stupidity.

Here's some worthwhile reading, also the section on related topic.

https://central.asia-news.com/en_GB/.../17/feature-01

[Balance]

Unbelievably short sighted, everything's wrong with it.

Just some countries experiences of China's funding infrastructure projects,
Rapid increase in Public Debt, lack of transparency & corruption, little care paid to environmental issues, use of poor quality materials resulting in infrastructure projects going awry & failing, countries saddled with staggeringly high interest rates, loans restructured with further loans resulting in debt cycles, loss of sovereignty, the list goes on.


If we would be so gullible you can't blame China for exploiting our stupidity.

Here's some worthwhile reading, also the section on related topic.

https://central.asia-news.com/en_GB/.../17/feature-01

Swallowing the American/Trump narrative whole?

How about viewing this for some perspective :

The Myth Of The Chinese Debt Trap In Africa - Bloomberg

https://www.youtube.com/watch?v=_-QD...ature=youtu.be

Open your eyes, read more and try to be objective - you will find a different world out there from the one-sided & one-eyed narrative about what's really happening in the world.

I was in Laos this year and after decades of being abandoned and ignored by the West (including Japan), it was actually uplifting to talk to the locals about how the last 5 years have seen the country boomed on the back of infrastructure funding by China - high speed rail link in the country all the way to China and soon, to Thailand and concrete (yes, concrete not tarred) roads opening up the country for development and progress.

The West prefers 3rd world countries & developing countries to continue to be backward so that they can be exploited to maintain the debt funded their living standards (especially US - 5% of the world's population using 20% of the world's goods and services).

[Panda-NZ-]

The West prefers 3rd world countries & developing countries to continue to be backward so that they can be exploited to maintain the debt funded their living standards (especially US - 5% of the world's population using 20% of the world's goods and services).

China obviously want nothing in return, they are upstanding world citizens.

That's why they have no international alliances except for Russia, pakistan and north korea.

[mfd]

I was in Laos this year and after decades of being abandoned and ignored by the West (including Japan), it was actually uplifting to talk to the locals about how the last 5 years have seen the country boomed on the back of infrastructure funding by China - high speed rail link in the country all the way to China and soon, to Thailand and concrete (yes, concrete not tarred) roads opening up the country for development and progress.

The West prefers 3rd world countries & developing countries to continue to be backward so that they can be exploited to maintain the debt funded their living standards (especially US - 5% of the world's population using 20% of the world's goods and services).

I spent a few weeks over there this year too and got quite a different response to asking about China's investments. Lots of complaints over Chinese ownership of businesses to the exclusion of local business owners. Fear of losing independence. A feeling that the new train line was mostly built to extract Laotian resources and pump them north into China (mostly iron ore for now), while they are left with the bill. The related debt crisis causing inflation of 40% P.a. while their public salary is static.

Although on the plus side, the new train line is great and does seem to be widely used for transport. I understand the cargo trains operate overnight.

There was a lot of goodwill towards the Vietnamese, and apparently vice versa.

[Logen Ninefingers]

I don’t want NZ taking loan money from the CCP. Would be an absolutely crazy move, IMO. Seymour says he’d stop that move, has also said categorically that he won’t work with Winston First. These pronouncements will appeal to many voters on the right who won’t just agree with everything Luxon says out of knee-jerk tribalism. I predict ACT will do very well at this election.