How Africa is Becoming China’s China

Africa China nvement

Chinese investment in Africa could create national economies ‘entirely dependent on China’, say experts
‘These firms come under the guise of partnership, but this rhetoric, combined with genuine short term benefits masks longer term problems’

“Infrastructure projects create jobs, provide an opportunity for skills development and the transfer of new technologies.
“However, these firms come under the guise of partnership, but this rhetoric, combined with genuine short term benefits masks longer term problems.”
One of the main issues around the Chinese approach is the dangerously high levels of debt that it brings, which could prove unsustainable for growing economies.
There is also a risk that the continent becomes overly dependent on one country, which could allow it to hold an uncomfortably high level of influence.
Mr Yousuf said: “China is seeking to present itself as the new face of globalisation, an image it will work hard to portray at this week’s Belt and Road summit.
“The problem with this is that the current model of their ‘globalisation’ doesn’t so much encourage increased interaction between nations on a worldwide scale, as increased interaction with China on a worldwide scale.

SOURCE

Wendover Productions

Published on Jul 31, 2018

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About the author

Martin Harris

I have a lovely partner and 3 very active youngsters. We live in the earthquake ravaged Eastern Suburbs of Christchurch, New Zealand. I began commenting/posting on Uncensored back in early 2012 looking for discussion and answers on the cause and agendas relating to our quakes. I have always maintained an interest in ancient mysteries, UFOs, hidden agendas, geoengineering and secret societies and keep a close eye on current world events. Since 2013 I have been an active member of theCONTrail.com community, being granted admin status and publishing many blogs and discussion threads. At this time I'm now helping out with admin and moderation duties here at Uncensored where my online "life" began.

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