China in Africa: Developing ties
BBC -
|
An artist's impression of the new conference centre China is to build for the African Union at its Addis Ababa headquarters, at a cost of $150m (£75m). |
In almost every corner of Africa there is something that interests China.
The continent is rich in natural resources that promise to keep China's booming, fuel-hungry economy on the road.
There is copper to mine in Zambia, iron ore to extract in Gabon and oil to refine in Angola.
In other countries less blessed by natural resources, Chinese companies have spied trading and investment opportunities.
Africa's need for new and better roads, school buildings, computer networks, telecoms systems and power generation has opened a lucrative window of opportunity for Chinese firms.
The new Sino-African dynamic can leave the West ill at ease, reviving memories of Europe's colonial domination in Africa and drawing complaints that low Chinese bids are freezing out Western companies ...
Related News:
No comments:
Post a Comment