Saturday, January 27, 2007

China and neocolonialism

"....China's relationship with Africa, fuelled largely by its insatiable appetite for energy and raw materials, has come into focus again ahead of the upcoming visit by Chinese President Hu Jintao to eight African countries: Cameroon, Liberia, Sudan, Zambia, Namibia, South Africa, Mozambique and Seychelles.

Europe isn't alone in feeling uneasy about the inequality of the Chinese-African relationship.

Hu's South African host, President Thabo Mbeki, also recently warned of the possible 'colonization' of Africa.

The 'potential danger' he said in December was of the emergence of 'an unequal relationship,' similar to that which existed in the past between African colonies and the colonial powers.

'China can not only just come here and dig for raw materials and then go away and sell us manufactured goods,' he said, in calling for greater Chinese investment to build up local manufacturing capability.

China's trade with Africa increased ten-fold between 1995 and 2005, from 4 to 40 billion dollars, a figure Chinese President Hu Jintao has pledged to double by 2010.

'The world has been put on notice that Africa is no longer the basket case that everybody had historically thought it was,' Former World Bank chief James Wolfensohn said in November.

China, for one, has been taking note. While the West has dithered in the face of corruption, human rights violations and civil war in Africa, Chinese officials have been scurrying about securing access to the continent's abundant natural resources.

When criticized over its inaction on human rights, China is quick to point out that Washington supports governments with dodgy human rights records in other parts of the world.

Zimbabwe's autocratic President Robert Mugabe has led calls for Africa to 'look East' for investment. Isolated by the West over human rights abuses and grappling with hyperinflation, the autocratic leader is desperate for foreign investment, which China is only too happy to provide.

Zimbabwe has worldwide the second-largest deposits of platinum after South Africa, a precious metal much in demand in China.

In Zambia - another country on Hu's itinerary - China has invested heavily in copper mining, most recently inking a deal for a 200-million-dollar copper smelter in the resource-rich but impoverished country.

At the Beijing summit it also shook with South Africa on a 50-50 joint venture between Sinosteel Corporation and Samancor Chrome to build a ferrochrome mine and smelter, costing China 2 billion dollars.

But the biggest prize for the Chinese in Africa remains oil - the Chinese car market is the fastest-growing the world - which it sources from Angola, Nigeria and Sudan. ...."

No comments:

 
Free hit counters
Free hit counters