The growing presence of China whithin the African continent

Résumé du document

Africa is one of the richest continents in terms of natural resources, oil, gold, diamonds, wood and many other forms of treasure, but the continent also gathered the title of being the poorest country in the world. It is said that the 45 poorest countries in the world are African countries. In the recent years, some countries are emerging and carving a niche for themselves in the International trade scene as active competitors to the veterans. Countries such as Brazil, China or even India for that matter strive to be in the same league as their competitors. China and India is have established themselves as strong competitors in the International scene and are now holding up very well against competitors like USA and France. For a few years now, China has improved its business relations with Africa. This can be proved by the help extended by China to the people, construction of infrastructures and cooperating with the African governments for the overall betterment of the society. However the question remains as to who benefits the most in such a cooperation and if China is really interested in giving Africa a respected place on the Market front and in the World or is it just cordial for personal interests.

Extraits

[...] Angola is the second largest producter of Oil after Nigeria, Chinese bank are granting high Loan at very low interest ( 1.25 loan that can be refinanced and rates lowered to extreme point ( 0.25 This situation is puting the government's financing in a situation of monopolization. d-Consequences on Politics and Geopolitics The other consequences, China relationship with Africa overdraft simple business relationship. Taking as an example: The Beijing Africa- China Summit. A 2 day forum during which 40 African leaders are inviting in Beijing, Chinese capital in order to discuss possible trade with Chinese companies. [...]

[...] The big winner here is whithout any doubts, China. These business relationships have increased the politics relationship between the two countries and allow them to go further the simple business relationship, even if, cooperation between China and Algeria had already started during the Independance War. The business relationship has also permit Chinese people to immigrate on these new lands. The Chinese diplomate says that they are more than 8000 Chinese immigrant working in the building industry and maybe more clandetinly. [...]

[...] The Peoples' Republic of China's President is Hu Jintao since 15th March. Relationship between China and Africa started long time ago, China use to sell product to African countries. The business relationship started many centuries ago. PART II Whereas India is, since many years doing business in Africa the recent push of China into Africa is worrying many countries, but mainly western countries. China accusisng of doing illegal business within some countries in Africa and accusing of desrespecting the Intarnational trade rules. But what is really behind that? [...]

[...] In some countries, half or more of the population is aged less than 25 years old. Sub saharian Africa has a population of more than 730 Million of inhabitants, together with North Africa, the continent gather more than 800 Millions of people.which represents almost 1/6th population of the whole world. The African continent is composed of more than 40 ethnias speaking more than 2011 diferent languages all around the whole continent. c-Economy Althougt it is said to be a continent full of natural resources, Africa is one of the continent that gather most of the poorest countries in the world. [...]

[...] Also the role that China is playing on the continent is over drafting the simple business partner, as an economic specialist say on Al Jazeera Chanel, Chinese company built a railway between Zambia and Tanzania, this construction has been benefitable for the two countries (both Zambia and Tanzania) and above all benefitable to the local population. Nigerian President Olusegun Obasanjo with Chinese President Hu Jintao at the opening of the China-Africa summit in Beijing. South Africa-China Economic and Trade Cooperation Hu Jintao and S. [...]