Rob Crilly: Chinese seek resources, profits in Africa

From the June 21 USA Today:

All across the continent, Chinese companies are building dams, repairing roads and running telecommunications systems. The modern scramble for resembles the late 19th century, when European nations carved up the continent as they searched for minerals and slaves. Now they have been joined by Chinese companies.

With world attention focused on aid, the challenges in Africa and debt relief during the run-up to the Group of 8 summit July 6-8 in Scotland, Shao Weijian, commercial secretary at the Chinese Embassy in Nairobi, explains that Chinese investment is playing a crucial role in helping impoverished countries move up the development ladder.


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