[Paleo Conservative]

Why? He’s followed the Chicom model faithfully.

[Anti-Bubba182]

It does not look good for Mugabe now. If he can’t pay his thugs, he is toast and the sooner the better.

[shield]

I’m surprised Chicoms have stopped the charity to this country. It’s not like them to so easily give away a place to put their huge population. I thought there were lots of chinese relocated to this country....

[kidd]

Hugo: Are you paying attention to this???

[Clive]

-

[monday]

““China in the past provided substantial development assistance but owing to the dramatic currency revaluations and rapid deterioration of economic conditions, the economic outcomes of these projects have not been so good.”

lol, the Chinese are stupid, but not THAT stupid..

[Gay State Conservative]

Translation...Mugabe is of no further use to the Butchers of Beijing.

[GeronL]

now that China has bought in at low low prices they want to dump Mugabe for some government that can increase the value of their investments. sounds almost capitalist

[Billthedrill]

I've seen estimates of what subsidizing Cuba for all those years cost the Soviet Union, and they'd make a despot's hair curl. China knows (1) it isn't getting any better in Zimbabwe, (2) it is getting more expensive, and (3) that whatever strategic value that train wreck of a country may have had isn't balancing well against what it will cost to maintain it.

It doesn't mean they're going away, it only means they're not buying whatever Mugabe has left to sell. Cold old world, innit?

[SunkenCiv]

Thanks G76.

The decision deals a heavy blow to a country where unemployment is 80 per cent, inflation hit 7,600 per cent in July and the value of the Zimbabwean dollar on the black market recently fell to 500,000 to the pound.

But other than that, everything is great!

Prediction -- Chavez and Castro will step in.