CNN : China Buying Up Africa ? what will be our future if we sell everything

Date: 14-08-2013 1:36 pm (11 years ago) | Author: ahmed nda
- at 14-08-2013 01:36 PM (11 years ago)
(m)
Nigeria's central bank governor recently said, “China takes our primary goods and sells us manufactured ones. This was also the essence of colonialism. Africa is now willingly opening itself up to a new form of imperialism."

Many Africans see a thin line between capitalism and colonialism.

Ian Bremmer is the president of the Eurasia Group and he told CNN’s Ali Vleshi that both Africans and Chinese are getting the benefit of this trade and investment

“Clearly the Chinese are not picky where they invest. They typically go places that the West doesn't have as much.”

As a consequence, Bremmer says the Chinese tends to invest in less developed places that are less democratic and more authoritarian. In those regions, the African governments may be seeing a lot of cash, but their people are seeing a lot less.

“The Chinese clearly are getting what they want in the deal either way,” Bremmer said.
http://amanpour.blogs.cnn.com/2013/03/29/is-china-buying-up-africa/

Posted: at 14-08-2013 01:36 PM (11 years ago) | Upcoming
- jar84 at 2-01-2014 02:37 AM (11 years ago)
(f)
 Huh?
Posted: at 2-01-2014 02:37 AM (11 years ago) | Gistmaniac
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