Info

You are currently browsing the Capital Comments weblog archives for the day 9. November 2009.

Calendar
November 2009
S M T W T F S
« Oct   Dec »
1234567
891011121314
15161718192021
22232425262728
2930  

Archive for 9. November 2009

China Woos Africa — And Not Just For Its Resources

Talk about long-term strategic planning! China is paying special attention to Africa. They are positioning for the next great consumer growth market after India.

China good will, financial support and investments in Africa garner access to vast raw materials, such as metals, energy and other materials on the one hand while at the same time building business ties to sell Chinese products to the growing African middle and upper class.

TIME has a piece that covers it well and supports the view that China is a strategic powerhouse out in front of most other countries. See it here.

|