Big business brings Beijing to Africa – Dan Griffiths

From the BBC (link):

 41586738 Nigeriaoil Ap203BBeijing is desperate for oil and to fuel its booming economy. And some African nations have plenty of both.

China is also keen to find new markets for its booming factories which are churning out everything from shoes and cars to textiles and TV sets.

During the Cold War, Chairman Mao established links with many developing countries in Africa.

But now the old ties of communism are being replaced by capitalism.

See also “China-Africa trade prospects look promising” from People’s Daily and “President Hu Jintao of China Visits Nigeria” from Nigeria First. For more background, see “China’s Influence in Africa: Implications for U.S. Policy” (download PDF file).

April 25, 2006 8:10 PM
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Categories: China & the World