As far as I'm aware, China has been giving loans to various countries in Africa and building infrastructure in exchange for money and maybe some stuff like recognizing Taiwan as part of China. But why do people say China is imperialist for doing this? Is there truth to it or is it another strain of radlibs eating state department propaganda?
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If the argument is that receiver also benefitting makes something not imperialism, then by that standard, IMF loans would not be considered that, seeing that governments receive much-needed money, but at a great cost (while BRI loans would be more beneficial to them).
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I agree that they are the better of the two options. However, they both provide the same thing, just one has far less strings attached.