China has embarked on a series of joint projects with Britain in Africa, with the aim of avoiding the abuses and mistakes committed by former colonial powers as it rapidly increases its economic role on the continent.
China invested $4.5bn in infrastructure in Africa in 2007, more than the G8 countries combined, and much of the investment has been private. The number of Chinese companies operating in Africa has more than doubled in just two years to 2,000, with about 400 operating in Nigeria alone, according to new research. More + video...
See also:
- How China is transforming Africa! Excellent documentary...
- China in Africa; certainly NOT a love affair...
- Is Africa becoming a Chinese colony?
- China, the real master of the Universe?
No comments:
Post a Comment