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Tuesday, February 16, 2010China's Long March Across Africaby Dayo OlopadeThis story from TheRoot.com, written on the eve of the 2008 Summer Olympic Games in Beijing China, documents the incursion of Chinese investors onto the African continent. State-run corporations in China have come to Africa in equally hot pursuit of valuable natural resources such as oil and copper—and customers for its exports, particularly electronics and cheap manufactured goods. China's trade partnerships have only multiplied in the several months since the Olympics. And despite United States' protestations about China's humanitarian and labor rights violations, other Asian powers such as India, South Korea, and even Russia have begun to see the same opportunity in Africa. It seems the Indian Ocean century—which could remake the world order—has only just begun.
Share this post: Tags: China, Dayo Olopade, Nigeria, ChinAfrica, African economy, Johannesburg, Cape Town, Dakar, C
Category: Business & Finance

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