t’s scramble and partition of Africa again, only this time it’s China’s turn. It has been widely reported that China now lends three times more money to Africa than the World Bank. Take a moment and think about that. We are in the midst of a shift in balance of power in Africa with the Chinese coming in as the new kids on the block.
wars have been started for less
Should be interesting to see if China can sustain this kind of growth.
When all is said and done, they still have a command economy I beleive.
I think the Africans can steal three times more with the Chinese money. Easy. They are just baiting the Chinese in an elaborate Nigerian email scam type of way. ‘Investing’, pshaw! I hear fortunes being flushed down the African development pipe.
Lastly, racially I don't think long term, finger snapping Chinese penny pinchers are going to be well loved.