Name: China Is Secretly Taking Over Zambia
Uploaded: 2021-05-26T14:15:21.000Z
Duration: 9 min 35 s
Description: VoiceTubeの動画で発音を聞きながら英語表現を覚えよう！学べる英語：

This African country now knows what it feels like

to get owned by the Chinese Communist Party!

Zambia is a landlocked country in southern Africa.

And it's poised to be the next African country to fall prey

to the Chinese Communist Party's predatory lending practices.

The news service Face 2 Face Africa gets straight to the point,

asking “Is Zambia Africa's first casualty in China's takeover

to hand over the country's biggest energy producer.

“The state electricity company ZESCO is already in talks

about a takeover by a Chinese company.”

ZESCO supplies electricity to about 80% of households in Zambia.

So signing away control of a strategic national asset is a big deal.

The same report also revealed that Zambia is poised

to hand over the Lusaka International Airport to China.

That's in addition to all the Zambian copper, nickel,

and cobalt mines that are already run by Chinese companies.

And Zambia's state-owned TV and radio news channel ZNBC

Which might explain why you see lots of news reports lately

...but not so many reports about all those Chinese takeovers.

Of course, a Zambian government spokesperson

such as ZNBC, KKIA and ZESCO by China are false.”

But investigative reporters from Africa Confidential say Zambia

is getting owned by the Chinese Communist Party—literally.

Africa Confidential also warned that the long-term outcome

could be effective Chinese ownership of the commanding heights

Another term for this whole thing is simply “debt trap.”

“More of Africa finds itself in China's debt.”

“China is saddling the partner countries with crippling debt.”

“Saddling Africa with unsustainable debt.”

And “debt trap” has become a buzzword that's harder

to shake off than a hater in a Taylor Swift song.

Yes, my pop culture references are very current.

At the recent China-Africa summit in Beijing,

that his country was engaging in 'debt trap' diplomacy.”

And even Chinese leader President Xi Jinping

He prefaced the announcement of 60 billion dollars

with the so-called 'five nots' of predatory lending.

"(China) is determined to implement the 'five nots'—

which suits their own country's situation,

to not interfere in the internal affairs of Africa,

to not attach any political strings when offering Africa support,

during investment and financing in Africa.”

is a really stupid name for a national policy.

Unless Xi Jinping means it in the elementary school sense.

And secondly, go back to that opening shot of the China-Africa summit.

Why are most of the Africans sitting in the back?

Anyway, while Africa's demand for Chinese cash is high,

not everybody's buying into the theory of China's good intentions.

A specialist in Chinese Studies at Britain's University of Nottingham

says interference is an inevitable part and parcel of the cash.

“Whenever you engage economically or financially

with another country you do interfere in the political structure,

or the economic structure and the power structure,

And there's a typical formula for how these conflicts play out:

The Chinese Communist Party offers loans to needy governments.

Those governments become dependent on Chinese money.

Then, when they can't pay back the loans,

Chinese companies take over key infrastructure.

That's according to an investment advisor

“We cannot be naive, at this point in time.