“The total trade volume between China and Africa hit a record high of 166.3 billion US dollars in 2011, compared to only 10 billion in 2000. By April this year, China’s total direct investment in Africa reached 15.3 billion US dollars, about 30 times the figure ten years ago. More than 2000 Chinese enterprises have their investments or businesses in 50 African countries. The coordination in international affairs between China and Africa has been much closer, with the aim of upholding the common interests of developing countries and establishing the new international political and economic order.”
http://www.the-star.co.ke/opinions/others/90419-chinas-strategy-in-africa-benefits-both
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Some startups find the American dream in China
Chinese man kills two ‘one-child’ policy officials
Federal Reserve Monetary Policy To Target Wealth Inequality?
Alydian Aims to Sell Bitcoin Mining Platform in Bankruptcy
Plainclothes deputy in unmarked car pulls gun; 5 officers attack and tase brothers
Once Again, Police Who Shot at Innocents Will Get Their Guns Back
U.S. Banks to Face $120 Billion Shortfall in Fed Crisis Plan
Trump slaps tariffs on foreign solar panels and washing machines
Tulsa police officer arrested for engaging in prostitution
IRS Data Web Snares Mostly Low- and Middle-Income Taxpayers
An ‘aporkalypse’ has Texas fighting losing battle against feral pig menace
Botched circumcisions during initiation ritual kill 30 in South Africa
Jim Rogers: Buy Russia & China
ECB bailout plan in jeopardy as Italy's voters reject conditions
Man sics cops on kid's lemonade stand, now in license trouble himself