China And Africa- Partners In Mutual Benefits

Samedi, mai 23rd, 2009

China has been avid supporter of Africa through thick and thin. It has walked African countries through their difficult days of underdevelopment, helping with aid and assistance that was with no strings attached, and during recent months it has not deserted Africa despite the global economic recession, which has seen demand plummeting and all nations reeling under the crisis. Scholars the world over have lauded China’s role in Africa, helping it emerge out of a state of destitution despite the ‘tied’ aid that went to Africa from the Western countries for decades. China entered the scene in 2000-2001 with its scores of investment initiatives and technical expertise. In a matter of seven or eight years, it has helped reduce poverty, set up the basic infrastructure network and helped African nations start exploiting their rich natural resources to provide employment to the local populace. China has pumped in millions for this purpose and its own elevation in terms of economic development is an example for Africa to follow.

China has also benefited in the process. Firstly, its initiatives have opened a vast African market to cheap Chinese goods. Second, and even more secondly, China has gained access to African natural mineral wealth of products ranging from oil and cobalt to diamonds and titanium. China has realized that its own mineral wealth may not be able to sustain its pace of industrial advancement, and needs additional resources, which are cheaper to source from Africa. Thirdly, it gives a big push to Chinese companies to be able to expand operations in a vast continent. Additionally, Africa has huge amounts of arable land. China with its rapidly growing population and ever expanding urban network, cannot produce enough food for its millions. Therefore, it has taken agricultural land on long lease from many African countries. China’s experiments in the field of food grain production particularly high yielding varieties of rice, are being used in countries like Kenya and Tanzania.

Trade and investment apart, tourism between China and African countries has increased significantly and both sides have benefited. The gains cannot be highlighted enough for Africa, and in turn, China has won a set of international supporters for many years to come.

Source : Manufacturers Africa



China Africa world

Vendredi, mai 8th, 2009

China’s interest and consistent support to African countries has raised eyebrows and invited criticism by other developed nations that have sought to find a deeper motive behind it. Previously, Africa received small dole outs from the western nations but each came with its baggage of strings attached to it. China has always perceived Africa in a different light, more as a trade partner, which gave some and got some. Hence, all its aid and economic assistance programs have been granted with no strings attached. This only goes to prove that China and Africa are equals in partnership, allies in development and friends for mutual support. These very sentiments were voiced by Liu Guijin, China’s Special Envoy on African Affairs, who insisted that China has never harbored any intentions of dominating Africa, instead has always perceived Africa to be a flourishing continent in synchronization with Chinese policies.

China has invested over $106 billion in various African countries, and gained access to some of the best African natural resources. Close to 1 million Chinese nationals are based in Africa doing business, consultancy and providing technical expertise. These span agriculture, industry, infrastructure, tourism, education and culture. Over 30% 0f China’s oil imports come from the African countries of Sudan, Nigeria, Congo and Angola. China has invested in 27 oil projects in these and other countries.

Liu Guijin has categorically stated that China did not want to dominate or control Africa in any way. It merely perceived Africa as one of the fastest growing economies in the world that would benefit immensely with some assistance. China has struggled to develop and grow and has many lessons to teach to poorer nations to help them fight poverty and other developmental issues. Africa being rich in minerals and materials also has a vast population, and therefore, it is a large market for Chinese goods. Being far sighted, China has been trying to ensure future supply of raw materials that it would need to continue its industrial ventures.

Hence it would be inappropriate to perceive the Africa-China relationship as anything but one of mutual gain and equality.

Source : Manufacturers Africa