Friday, February 15, 2013

China truly care Africa


chinese men at work in Africa,one of mining site in zimbabwe
 by Maurice Manda
Chinese investment has played a significant role in Africa in terms of economic growth and job creation, and it has the potential to play an even bigger role in the near future, China and most of Africa countries have historically long term relationship.
According to China-Africa Cooperation report, China pledged up to $20 billion to African countries over the next three years. China has proposed or committed about $101 billion to commercial projects in Africa since 2010.

The investment of china in Africa is estimated to reach more than 200 US dollar billion and more than millions jobs is said to be created in Africa. China has invested more in mining se construction. This support leads the china economy to become strongest economy in world.

The Chinese have helped decrease the unemployment rate in natural resource-related programs and other related programmes such mining projects, construction programmes, agriculture project, small- and medium-sized business. Almost of African leaders said to be benefited by Chinese support, the they claim to western countries to pursuing china as neo colonial investor.

Due to lack of enough human resources, limited facilities even fund it impossible to the large numbers of African countries to monitor all investment and resources within the nation and this perceived by western nations that that China is dumping its cheap products on African markets, forcing Africans out of business, as they cannot afford to sell goods at the prices listed by Chinese sellers.

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