To: Harmless Teddy Bear; A. Pole
On the other hand India is investing in Kenya and Tanzania where the economy is expanding on the average of 6% a year. The smart money is on India.
Why are you bringing India into this? Do you know how much India trades with Africa? India-African trade was $9 billion last year, while China-African trade was $42 billion last year. BTW, China trades more with Kenya than India does. Total China-Kenya trade is $475 million, while total India-Kenya trade is $249 million.
The smart money is on Africa. Africa needs as much trade as it can get to crawl out of its mess.
34 posted on
11/05/2006 2:03:35 PM PST by
diesel00
To: diesel00
Why are you bringing India into this? Because they are the major counter balance to the Chinese.
Do you have any idea how many Indians live in Africa? They are not just trading they are going in buying land and living there.
You don't see Chinese, not even in the game parks. You do see a lot of Indians.
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