Postby Voltage » Thu Feb 10, 2011 5:54 am
Take any Western media talk about China and Africa with a pinch of salt. You have to realize I went to three African countries that have seen some of the highest level of Chinese involvement. We went there to analyze the development of Africa.
I used to think the way you thought above. Unlike Europe, China doesn't send welfare dependency aid. China sends economic capital that results in less money to governments and more actual investment that employs the Africans and helps get their economies going.
One South African minister spoke to us as AMERICAN college students and told us China is the best thing to happen to Africa. They really value China up there because China brings capital to actual development projects unlike welfare dependency which Europe wanted to keep Africa in. I can't help but go by their viewpoint.
For forty years, Africa was stagnant economically. But as soon as China became their primary trading partner, Africa is the fastest growing continent in the world? It is a complex argument about welfare aid (Europe) vs. investment capital (China).
Sure China is acting in self-interest, every nation acts in self-interest. But China's interest IS a strong African market. That is not the West's interest. The West already exports to markets all over the world. For them, Africa's markets are not important..what matter to West is their mineral wealth. China also cares about Africa's mineral wealth, but China uses it to export products back to Africa so China also desires strong African markets. China is today Africa's largest trading partner (replaced US four years ago) because it is in China's interest to see a strong vibrant African middle class and strong African consumers, able to buy, so it can export to them.
Basically China has stakes invested in Africa while Europe does not, which is why Africa's move towards economic self-sufficiency is important to China while it is not to Europe which means China will also act in the self-interest of the Africans while Europe does not. This is why the West gives aid and takes minerals, but China invests in Africa while taking minerals.
At the end of the day, Africa is going to get shafted for its minerals in the present the only difference is will it be going to towards self-sufficiency at the same time (with China) or keep going on the failed economic path only allowed to them by Europe. If you are going to be in servitude, you might as well be working towards freedom.