From Inter Press Service, via Asia Times:
China is playing a rare host to this year’s annual meeting of the African Development Bank (AfDB), hoping to assert its mode of growth as a role model for the impoverished African continent and benefit from its rich resources and economic potential.
The summit, convened in Shanghai this week, marks the first time the AfDB meeting has been held in Asia and only the second time outside Africa. It highlights China’s ambitions regarding Africa’s development and its increasingly high economic and diplomatic profile there. [Full Text]
Read also Is Africa becoming too dependent on China? by Alan Wheatley, Wen calls for more access for Africa by William Wallis and Geoff Dyer, and China sincere in helping Africa to develop-Wen by Lindsay Beck.
