Wandering China

An East/West pulse of China's fourth rise from down under.

More than minerals | Chinese trade with Africa keeps growing; fears of neocolonialism are overdone [Economist] #RisingChina #Africa

Other powers have had their chance to shine to help the cradle of civilisation stand up. Unfortunately some find it hard to divorce the  imposition of ideology from economics. China seems to be able to do this better and true to form of the lingering narrative of middleman – its focus remains on trade and investment. Also see – China’s independent foreign policy of peace.

Africans are far from being steamrollered. Their governments have shown a surprising assertiveness. The first person to be expelled from Africa’s youngest country, South Sudan, was a Chinese: Liu Yingcai, the local head of Petrodar, a Chinese-Malaysian oil company and the government’s biggest customer, in connection with an alleged $815m oil “theft”. Congo kicked out two rogue commodities traders in the Kivu region. Algerian courts have banned two Chinese firms from participating in a public tender, alleging corruption. Gabonese officials ditched an unfavourable resource deal. Kenyan and South African conservationists are asking China to stop the trade in ivory and rhino horn.

 – – – 

More than minerals | Chinese trade with Africa keeps growing; fears of neocolonialism are overdone
NAIROBI print edition
Source – The Economist, published Mar 23rd 2013

Source - Eyevine, in the Economist

Source – Eyevine, in the Economist

A GROUP of five tourists from Beijing passes low over Mount Kenya and into the Rift Valley in their private plane before landing on a dusty airstrip surrounded by the yellow trunks and mist-like branches of fever trees. They walk across a grassy opening where zebras and giraffes roam, snapping pictures while keeping an eye out for charging buffaloes. When they sit down at a table, they seem hungry but at ease. “Last year I went to the South Pole with some friends,” says one of two housewives, showing off iPhone pictures of a gaggle of penguins on permafrost.

Source - Africa Research Institute, IMF

Source – Africa Research Institute, IMF

Chinese are coming to Africa in ever greater numbers and finding it a comfortable place to visit, work in and trade. An estimated 1m are now resident in Africa, up from a few thousand a decade ago, and more keep arriving. Chinese are the fourth-most-numerous visitors to South Africa. Among them will be China’s new president, Xi Jinping, who is also going to Tanzania and the Democratic Republic of Congo on his first foreign outing as leader.

The origin of China’s fascination with Africa is easy to see. Between the Sahara and the Kalahari deserts lie many of the raw materials desired by its industries. China recently overtook America as the world’s largest net importer of oil. Almost 80% of Chinese imports from Africa are mineral products. China is Africa’s top business partner, with trade exceeding $166 billion. But it is not all minerals. Exports to Africa are a mixed bag (see chart). Machinery makes up 29%.

Please click here to read the entire article at the Economist. Read the rest of this entry »

Filed under: Africa, Beijing Consensus, BRIC, Charm Offensive, China Dream, Chinese Model, Chinese overseas, Corruption, Crime, Economics, Economist, Education, Ethnicity, Finance, Government & Policy, Human Rights, Ideology, Influence, Infrastructure, International Relations, Mapping Feelings, Media, Migrant Workers, Modernisation, Overseas Chinese, Peaceful Development, Population, Poverty, Precious Metals, Public Diplomacy, Reform, Resources, Soft Power, Strategy, The Chinese Identity, The construction of Chinese and Non-Chinese identities, The Economist, Trade

Follow me on Twitter

Archives

Calendar

February 2017
M T W T F S S
« Jan    
 12345
6789101112
13141516171819
20212223242526
2728  

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 2,575 other followers

East/West headlines of Rising China

East/West headlines of Rising China

About Wandering China

Click to find out more about this project

Support //WC

Support Wandering China now - buy a Tee Shirt!

Be a champ - Support Wandering China - buy a Tee Shirt!

The East Wind Wave

China in images and infographics, by Wandering China

China in images and Infographics, by Wandering China

Wandering China: Facing west

Please click to access video

Travels in China's northwest and southwest

Wandering Taiwan

Wandering Taiwan: reflections of my travels in the democratic Republic of China

Wandering China, Resounding Deng Slideshow

Click here to view the Wandering China, Resounding Deng Slideshow

Slideshow reflection on Deng Xiaoping's UN General Assembly speech in 1974. Based on photos of my travels in China 2011.

East Asia Geographic Timelapse

Click here to view the East Asia Geographic Timelapse

A collaboration with my brother: Comparing East Asia's rural and urban landscapes through time-lapse photography.

Wandering Planets

Creative Commons License
Wandering China by Bob Tan is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License.
Based on a work at Wanderingchina.org. Thank you for visiting //
web stats

Flag Counter

free counters
Online Marketing
Add blog to our directory.