Idilinaa
VIP
China really is moving ahead while USA degenerates with its useless western allies leeching off its back and what you and the video just outlined, Honestly the only reason why I am against somalia cooperating with china is because of how they are treating other african countries (Debt traps and exploitation) which I dont blame them cause I realised china deals respectfully with countries that respect themselves and have something to offer in return, which USA also does but to a lesser degree. Honestly if somalia gets its act together I can envision a future of mutual cooperation with china but thats just me dreaming.
Somalia has a real advantage, it's kinda of a blessing in disguise from the political situation. In return we got a locally owned economy, highly functional vibrant private sector and wealthy diaspora that can act as investors.
We don't lack domestic revenue, it's in the many tens of billions. You saw the stats i showed in the other thread FGS doesn't even collect a fraction of Somalia's wealth, now imagine if domestic revenue sources are effectively mobilized. We don't need to borrow money and our large diaspora means we don't need FDI either. We can self-finance 90% of development. Everything from infrastructure, security, and industrial growth without borrowing.
Imagine a public sector as efficient as the Kacaan combined with today's strong efficient private sector.
This realization will change how we engage with China, as we will have leverage to approach them as equal economic and trading partners compared to other African, Latin and Asian countries. When you come to the negotiation table as unequal partners that's when you need to give away concessions and possibly become exploited and disrespected.
China respects countries that control their own economies. Singapore, Vietnam, and Turkey negotiated strong deals with China, unlike debt-ridden Zambia or Kenya.
My prediction is that China will replace US as the dominant global economic power in next 5 years or so but also that Somalia will replace the Gulf Monarchs as the dominant economic power in the region in the next 10 years.
It's simply because Somalia and China are built on self-sustaining economic models. Gulf Monarchs and US economy are similar as they are not self-sustaining in the long run.
China has only one political diplomatic goal it's the South China sea, they don't give a crap about exploiting other countries outside of it or military interfering.
China builds on it's foreign policy from it's history it does not have interest in controlling distant land elsewhere. It is not a country manipulated to exact war on behalf of another country like the way the US is with Isreal.
China seeks economic partnerships, not military control. China deals with countries based on economic value.
It's kinda reminds me of how China arrived in Somalia to trade during the middle ages, Zenghi etc vs when European/Westerns approached us.
That makes China the best candidate to negotiate with because it is open to having mutually beneficial relationship in the true sense of the word. And i think they are intelligent enough to see the long term value of Somalia as a partner.