Howard French, senior writer at the New York Times on:
New Power in Africa: Entrepreneurs From China Flourish in Africa
Chinese Business in Africa
By nchenga
Nchenga-nchenga is my nickname. Chiperoni.ch is my online playground, scrap book, and on-going collection of bookmarks and interesting quotes. Chiperoni is a Malawian term for cold, grey, rainy weather. I am a bridge blogger somewhere between Basel and Blantyre. The opinions and comments expressed here are my own personal opinions and do not represent my employer's view in anyway. So far, this blog is free of advertising or paid articles or similar.
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What worries me most is that “sustainability” is yet an unknown figure in their business practices.
China’s interest in Africa is because America is practically not interested in Africa (or redraws troops and stops financial aids in times of crisis), and therefore not a serious competition.
Africa is huge; there is timber, oil and just about anything that China in its rapid growth needs at a “good” price.