Re: Overseas investment by China's private and public corporations

On Wed, Aug 26, 2026 at 04:00 PM, Marv Gandall wrote:

> 
> I’ve been influenced by both Micheal Roberts and Minqi Li who argue that
> China isn't imperialist.

The original issue was China's swelling exports and trade surpluses over many countries. Now you veer, with an unerring eye for the dubious, to the views of Michael Roberts (who among his other activities has given fluff interviews to Chinese media) and Minqi Li about imperialism.

As far as the economic basis goes, Lenin's analysis of how monopoly capitalism pushes capitals to look around the globe for markets and for secure supplies of raw materials remains valid. Furthermore, Lenin recognized that various countries were both exporters of capital to some areas and subordinate importers of goods and capital from bigger powers.

The contradiction is fierce between the U.S., an established but decaying economic power with a military that can no longer dominate all areas of economic interest, and monopoly capitalist China, an expanding economic power that is building up its naval power and already bullying the Philippines, Vietnam, and other Asian transgressors of its "10-dash line."


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