Chinese Investments in Africa

From AllAfrica, Chinese Investments in Nigeria: (July 3, 2008) In recent times, quite a lot has been said and written about the presence of Chinese investors in Africa . The West is clearly worried not just about the rate of China’s growth within a global context, but also about the movement into Africa. The media in the West have made it their business to air news reports, commission documentaries etc on what they describe as the “Chinese incursion into Africa “. While some may feel that the concern of Europe and America about the large-scale investments is all politically-motivated yet, on a closer look, a few valid questions are raised. One of the pertinent questions is “Is Africa getting a fair deal from the agreements signed with Chinese investors”. [...]The Chinese are crawling all over Africa; oil is said to be a big... [read full story]