The New Colonialism

China | The new colonialists | Economist.com

Not all observers, however, think that China’s unstinting appetite for commodities is super. The most common complaint centres on foreign policy. In its drive to secure reliable supplies of raw materials, it is said, China is coddling dictators, despoiling poor countries and undermining Western efforts to spread democracy and prosperity. America and Europe, the shrillest voices say, are “losing” Africa and Latin America.

I read this paragraph and immediately thought “How is this different from what the US has been doing for the past 100+ years? ” I might include the Europeans as well, after they had to relinquish their empires – coddling dictators indeed, setting them up in the first place, that’s what they were doing.