I thought this video was super informative, and honestly I find what China is doing to be totally heroic. If only Russia could go red and them and China could get the US the fuck out of Africa. Even when the global economy is fucked China comes in and forgives debt for 17 countries in Africa! Ben Norton/Multipolarista is becoming some of my favorite independent journalism.
China do not create transnational organizations who will take control of international economic politics to dictate that developing countries should pay off their debt with their support to criminal activities from large foreign firms unlike the American government. Some American imperialists complained that WHO is siding with China because WHO is willing to investigate the source of the COVID-19 and make conclusion from their investigation, but there are otherwise no evidences that other transnational organizations are biased to China’s favor. If the Neo-Liberal transnational organizations that establish dictatorship over international economy is not biased to USA or to white imperialist countries, then those organizations will dictate that the first world countries should pay off their debt by supporting criminal activities from foreign corporations as well and would be less biased if the Neo-Liberal de factor transnational governments dictate that Islamic or Communist government should provide military intervention to first world countries to ‘help’ them pay off their debt.
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It is true that there are few transnational organizations in the past, and that is why the European imperialists build huge empires and directly colonize foreign countries in the past.