China is Colonizing The World | Startup | Sarthak Ahuja

China is colonizing the world like the British did 200 years ago...
While traveling across Africa, it’s hard to miss the Chinese signs plastered across airports, bridges, buildings... and everything massive that you see under construction.
Over the past decade, China has pumped in hundreds of billions of dollars in the form of infrastructure projects into African countries.
Quite like the East India Company wanted to give us the railways... they are giving Africa all the infrastructure needed for an economy to boom...
Not only lending through the Export Import Bank of China but also executing on the projects through their own contractors.
Except, it looks like it’s all to loot the natural resources away from the continent... it’s the largest reserve of Cobalt, Diamonds, Platinum and Uranium in the world... oh, and Lithium!
In addition, they’re setting up massive factories here... because labour in Africa is 10X cheaper than Chinese wage earners today.
Out of 54 countries, 53 now don’t recognize Taiwan as a country... and that’s a quarter of the world representation in the UN in your favour. Talk about buying a vote bank.
And if any of these countries default on repaying the loan (which there are no surprises to), you know what happens... China takes over control of all the natural resources legally, and there’s nothing other countries can say about it.
It’s a Debt Trap.
Oh, and they’re also doing it with all of India’s neighbours - Pakistan, Sri Lanka, Vietnam.
India is getting surrounded by Chinese controlled land.
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A Chartered Accountant with about 10 years of experience in areas of Tax Advisory, Startup Consulting, Fundraising, Audits, Deal Advisory, Business Modelling and contract CFO services.
Winner of the ISB Young Leader Award 2017 and the Best All Rounder, PGP Class of '17, Sarthak has also been published about in the leading financial newspapers such as The Financial Express as possibly the youngest Indian to have completed the courses of CA, CS and CMA along with a graduate degree in Financial & Investment Analysis from University of Delhi, all by the age of 23 years.

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