Friday 24 August 2007

China in Africa

China is actively exploring for minerals and oil in remote areas of Chad,Angola,Nigeria( already an oil exporter) Congo( where recent skirmishes between the Congo and Uganda have occured over oil rights on their borders) and Guinea. They are re- building and establishing new infra- structure,like roads ,railroads,and airports and spending money on health care and education. China has come to these countries with plenty of money from their trade surplus to the rest of the western world. China is also willing to accept any form of governing body in the countries, a far cry from the Soviet approach of the early sixties and seventies. China is a new Communist State out for profit at any cost. Nations in Africa from the west coast to the east coast are eager for the Chinese investment. China has set up a novel way for the countries to repay for the improvents by assigning the debt payment through the mineral and oil rights and revenue. The west has been left behind in this new search for oil and the African countries have also left the west behind, prefering to deal with a partner that turns the other cheek.

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