““If a Chinese would come this road is done in a month,” explained Kenyan real estate entrepreneur George Hinga in a 2017 Vice China documentary. “With the Westerners,” he added, “the bureaucracy to get this approved would take a year, first of all, without any construction. I mean, why partner with the West?”” .. .. China full speed ahead in Africa. .. ..
“In our prison example, for OPEC, and with the trade war, what is good for the group is not necessarily the individual’s “dominant strategy.” And that is why OPEC nations don’t necessarily listen to production quotas and the U.S. and China continue raising tariffs. Each one’s dominant strategy relates to their opponents rather than the benefits of cooperation.” .. .. Elaine Schwartz on the USA, China and the prisoner’s dilemma. .. ..
“Xi sees that development economics as a discipline was largely created by Western economists using their own economies as a model, rather than being an indigenous creation of developing economies. “ .. .. Andrew Batson on a very early essay by Xi Jingping. .. ..