name me a spot where chinese investments had a bad influence on the country which willingly and gladly received the investment.
and the chinese investments actually look like they do not have the strings attached like the US investments in the past had which made the receiving countries slavelike.
if they give the needed billions to Chavez and he pays in return with cheap prized oil at a rate where that deal makes sence/benefits for his country, why should there be something bad b/c the stringless investment came from a communist country?
since years the well thought and strategically placed huge investments of the chinese look to me more capitalism like and much more wellthought/intelligent done than so many 'deals' the 'capitalists' did in the past.
of course the US does not like the vision of loosing "worldruling power", but they do since a long time, the actual crisis since last summer decreased the possibilities of the US to go on on their 'wrong' way, but as a matter of fact the red power is not just a big communist nest, it is a worldpower, and not just for the number of it's people, also for the money power they hold in hands and they place that very wellthought.
i would not be much surprised to see chinese currency rising in it's power to a point where it will be aside the "international" trading currencies. the US Dollar is weak like hell even with all the 'artificial' pushing from Obama, while the planned 2009 deals from the chinese side will raise the power of their currency worldwide and in a huge way on the Latin market.
heck, they purchased 2008 less than 400.000 barrels of oil from Venezuela per day and now they offer to purchase 1.000.000 barrels per day from now on.
what counter offer Obama with empty cashiers wanna do to top on such offers?
and they do not only step in the market down here, but in case of the Latin region they increase their investments by a huge amount and i do not see how americans or europeans could hold against that with such offers.
and the latin countries who receive those offers, name them a serious argument why to stick with a much lower invest plus a bunch of restrictions from the US or Europe and for that resist a generous 'restrictions free' offer from the chinese side.
i guess the chinese could give Obama a loan to solve his financial trouble right away, but why should they do so?
they sit back and gain political power and rights on important resources like the oil where ever they can to control that way their worldpower counterparts, like the others would do and did over decades the same way, just that some economies showed last year up as unreliable on the long term, they went belly up.
the chinese have the knowledge, the education, the financial power to play the game on the top level, they should better be seen as a equal competitor who know's exactly what he is doing and wanna get out of it on the longer term, or their competitors who underestimate them by not acting accordingly/underestimating them will face the next number of crisises soon while the last by far is not resolved/stopped.
i am no communist, but i never been a world-ruling US fan neither.
actually the only financial power i see on the uprising way is the red one while others struggle and hold on their old and by the time long overdone 'ruling' methods/restrictions.
Mike
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