China’s mixed role in Africa
By Robert I. Rotberg | Saturday, June 23, 2007 | The Boston Globe
“China has become the largest new investor, trader, buyer, and aid donor in a raft of African countries and a major new economic force in sub-Saharan Africa . Chinese trade with Africa is growing at 50 percent a year. Already, that trade has jumped in value from $10 billion in 2000 to $25 billion last year. (US trade with sub-Saharan Africa in 2005 totaled nearly $61 billion.) China is building roads, railways, harbors, petrochemical installations, and military barracks; it is pumping oil, farming, taking trees, supplying laborers, and offering physicians. A number of African nations now depend critically on Chinese cash and initiative….”..BS
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