Thursday, November 13, 2008

The new colonizers

While America is preoccupied with the war in Iraq (cost: half a trillion dollars and counting), and while think-tank economists continue to spit out papers debating whether vital resources are running out at all, China's leadership isn't taking any chances. In just a few years, the People's Republic of China (PRC) has become the most aggressive investor-nation in Africa. This commercial invasion is without question the most important development in the sub-Sahara since the end of the Cold War -- an epic, almost primal propulsion that is redrawing the global economic map. One former U.S. assistant secretary of state has called it a "tsunami." Some are even calling the region "ChinAfrica."  more



4 comments:

Red Soul said...

when will the war end.

Red Soul said...

in ur blogroll, my url is still the olllllld one. and the link "LJ frds" is cool.

Vibhanshu said...

Girl: Updated your link :-) You are so difficult to keep track of :p

Men are born to fight. So probably never.

Red Soul said...

oh my. chinafrica. :(