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:

B said...

when will the war end.

B said...

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

Unknown said...

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

Men are born to fight. So probably never.

B said...

oh my. chinafrica. :(