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"Chocolate City" - Africans seek their dreams in China
Fools Mountain blog ^

Posted on 10/22/2008 5:34:37 AM PDT by Oakeshott

In Guangzhou, a 10 square kilometer area centered around Hongqiao has been given the name “Chocolate City” by taxi drivers.

Every day after noon, “Chocolate City” begins to turn lively. Tens of thousands of black people seem to erupt from the ground in groups of twos and threes. Carrying large black plastic bags or wearing backpacks, they look through the stalls along the street. The stalls are filled with “tail goods” (尾货, excess production that did not meet quality standards) from thousands of small factories throughout Guangdong: blue jeans, unbranded television sets, hand-assembled cell phones.

In distant Africa, nearly 50 countries exploding with demand have opened their arms wide, and are rapidly digesting all of these consumer products not produced locally. Based on Chinese official statistics, during this period of China-Africa trade fever that started in 2003, the number of Africans headed to Guangzhou has been growing at annual rates of 30-40%.

(Excerpt) Read more at blog.foolsmountain.com ...


TOPICS: Business/Economy; Chit/Chat; Society; Weird Stuff
KEYWORDS: africa; china

1 posted on 10/22/2008 5:34:37 AM PDT by Oakeshott
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To: Oakeshott
The stalls are filled with “tail goods”

A lot of the heavily "discounted" and "pirated" electronics sold in the US are actually factory rejects.

They aren't supposed to be sold.

2 posted on 10/22/2008 5:37:30 AM PDT by CE2949BB (McCain/Palin 08)
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To: Oakeshott

Just wait till 0bama and Co. take over.

They will bring over tens of millions of Africans and other Third Worlders, to ensure a Republican President is never elected again.


3 posted on 10/22/2008 5:39:02 AM PDT by Boiling Pots (Get off your ass and do something...Print signs and post them around town)
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To: Oakeshott

“Chocolate City”? Ray Nagin is gonna be pissed!


4 posted on 10/22/2008 5:46:54 AM PDT by PBRSTREETGANG
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To: Oakeshott

What? The hundreds of billions of dollars of aid has not stimulated African economies to provide jobs? How can that be?


5 posted on 10/22/2008 5:55:00 AM PDT by PGR88
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To: Oakeshott

What could possibly go wrong?

/s


6 posted on 10/22/2008 6:16:53 AM PDT by Mac from Cleveland (Joe Biden behind a microphone is like Ted Kennedy behind a steering wheel)
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To: Oakeshott

As far as I know, many local guys are pissed about that.


7 posted on 10/23/2008 4:20:21 AM PDT by ff52051
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To: ff52051

It goes both ways. What most people don’t know is that there are more Chinese in Africa than Africans in China.

Local Africans are also pissed about the presence of Chinese in Africa (check Zambia).


8 posted on 10/23/2008 2:02:09 PM PDT by Oakeshott
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