Post
Topic
Board Economics
Re: Why developing countries should add value to what they produce.
by
Juicyhome
on 15/08/2025, 10:50:28 UTC
Processing raw material is really difficult though if there's no big capital to get started with, that's why many countries are working with big company to extract their raw material and split the profit.

In fact it requires so much resource to get started, let alone the corruption that can happen and make the plan fails.

This is why rarely countries can replicate china in their infrastructure and the reason why so many of western company still stuck manufacturing their stuff in china.
[/quote]The reason China is ahead is because they took responsibility for their future, by making a dead sentence for corruption cases. This is what has kept them ahead, corruption keeps development. Once you dealt with Corruption you are on the path of progress.

To do with business with china you are 90% sure they will not scam you, they have zero tolerance for corruption, But in Africa where corrupt leaders are celebrated by the citizen, they will always be consumption continent, Africa has all the mineral resources  to be independent and united, but corruption is  the other of the day in Africa.  until Africa deal with the issue of corruption they will remain in poverty, and no one is coming to help out, except Africans.