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Joined 1 year ago
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Cake day: August 10th, 2024

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  • It does if youre literate. Thats a tall ask on here though.

    China gains as much as $13 in trade revenues for every $1 invested in ports. A firm holding an operating lease or concession agreement reaps not only the financial benefits of all trade passing through that port but can also control access

    Chinese firms hold operating concessions in 10 African ports. Despite the risks over loss of control, the trend on the continent is toward privatizing

    Ports in which Chinese firms have equity arrangements provide similar leverage over port operations. Notably, under China’s technical standards for “military civil fusion” (junmin ronghe; 军民融合), many Chinese state owned commercial shipping and civilian air cargo capabilities meet military specifications for defense logistics purposes.