China, the
poor man of Asia, the victim of Europe’s looting, is going to the aid of the
ailing European economies with a blank cheque. Europe could simply ask and the
Chinese would oblige. But the Europeans are still stuck with their superiority
complex that they were the empires and this new kid in the block could not offer
them anything except cash. And the new kid is up to no good except that they
could not figure out how or why.
China’s
offer of aid and infrastructure development is laden with hidden agenda and not
transparent. The clever Europeans are so perplexed and confused by the Chinese
magic box that they are trembling in fear, just like what they said of the
Africans. The Europeans have been warning the Africans that the Chinese
development and trade agreements are biased to exploit them, like the colonial
West putting a gun at the African leaders of the past. The only truth that they
refused to see and acknowledge is that the African leaders are not duds of the
past, and China is not pointing a gun at their heads.
Similarly,
China is not pointing a gun at the heads of European leaders to force them to accept
whatever trade agreements and infrastructure development aids it is offering.
China does not go to Africa or come to Europe with warships and big guns to rob
the natives. And the natives in both Africa and Europe cannot be duds and fools
that cannot think and read and be readily conned by the poor Chinese. Can that
be the truth? What is this fear of the Chinese coming with baskets of cash to
offer to the Europeans?
As Jonathan
Eyal wrote in his article in the ST on China’s Silk Road and Maritime Belt, it
is the Chinese money that is at risk. China is gambling on the projects with
its own money. What have the Europeans got to lose? They have gained roads,
highways, bridges, nuclear power stations, ports, high speed trains, all
financed by the Chinese and paid by the Chinese. What the fuck are they
quibbling about in fear?Are the Europeans so stupid that they cannot read and count and did not know what they are doing with the Chinamen? Are they acknowledging that the Chinamen are smarter than them and are out to cheat them but with Chinese money? They needed the money and the Chinese are coming with their hard cash to put it in their hands.
What is wrong with the Europeans? Lost their minds, loosing confidence in their ability to negotiate a good deal to their advantage without a gun pointing at their heads? The Europeans are shivering in their pants when the Chinamen come calling with money in plane loads in tow.
Can you believe that? The Europe of today has lost all initiatives to economic growth, and is bankrupt. Their economies are no longer sustainable and the Chinese money is the drug that they need to keep going. They don’t have to colonise and loot China with their warships. The Chinese are offering them money on a silver platter, willingly, with hundreds of billions for the European Infrastructure Fund.