China firm to acquire major African iron ore mine

Associated Press ^ | Dec 29, 2012 1:05 AM EST

[Olog-hai]

A privately-owned Chinese company is finalizing the acquisition of an Australian mining firm that controls a major iron ore mine in west Africa, a move that would give China a stronger role in setting global iron ore prices, China’s official Xinhua News Agency reported Saturday. …

As the world’s second-largest economy, China is eager to acquire overseas assets and resources to feed its rapid growth. …

[Olog-hai]

No such thing as a privately-owned Chinese company. Liberal media lies again, never mind parroting Hsinhua’s obvious distortions.

[NurdlyPeon]

I was going to ask why the hell we're not the ones buying said company. But, I suppose that particular mine may involve indigenous ‘problems’ that can only be dealt with using methods that we are unable (unwilling) employ. Just a thought.

[silverleaf]

China’s new global colonialism-
Buy up resources to feed and sustain the Chinese people, hire the locals under Chinese guards and business managers to dig the minerals and grow the crops

Haul the booty to ports guarded by Chinese to load on Chinese ships bound for China

Coming soon to America

Oh wait, already here too
Check coal exports

[dennisw]

Chinese are digging gold in Ghana! Saw this on the “Jungle Gold” tv show. And they stole these guys claim. Either the Chinese or the Muzz will do us in if for no other reason than sheer numbers

The Chinese Guv should be promising each Chinese couple that moves to Africa for Chinese colonialist projects...They can have as many children as they want

[silverleaf]

the ones that come to America can have as many children as they want, and eventually take over key jobs in our universities, research labs, economy and government

there are even special houses they bring pregnant Chinese women to to give birth in America

anchor babies - who will always be Chinese first

[silverleaf]

uranium in namibia, too

http://www.theafricareport.com/20121106501821060/reuters-feed/china-s-cgnpc-says-namibia-uranium-mine-to-be-operating-by-end-2015-501821060.html

copper in Zambia, gold, etc etc

http://resourceinvestingnews.com/41702-china-africa-mining-sector-investing-barrick-gold.html

there is an entire research topic out there of what China is doing in Africa and other parts of the world- including the USA and Canada, watch our farmland and our ports

[dennisw]

The claim is that Asian immigration was larger than Hispanic immigration in the last decade. Of course “Asia” means from India to China and south of each. You are right about Chinese and Indians taking over various research labs etc...... Just try and get a job in one. They hire their own

18 years ago I visited a Harvard Medical research facility. Fed funded of course. All the workers looked like Mainland Chinese

[dennisw]

The Chinese were trying to buy up a major Australia resources extraction company for its coal. China buys a lot of Oz coal. The Australian Gov’t would not allow it but one day they will...They will cave to growing Chinese power

[tbw2]

There is surprisingly little coverage of the Chinese colonialism in Africa. I’ve only seen one or two articles on Chinese men marrying or pairing up with African women, just due to the lack of young women.