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| Viewpoint: Africa must do more to profit from China |
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| Date: 05-Jun-2012 |
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Chinese investment in Africa has escalated rapidly over recent years, but what are the implications of China's foray in the continent, asks expert in China-African relations Solange Guo Chatelard.
China is an economic powerhouse with long-term ambitions in Africa. Like Brazil, Russia and India, it is here to stay.
Asking whether China is good or bad for the continent is not only beside the point, it distracts us from more pressing and relevant questions, such as what do African states want to gain from these new partnerships, and what are they doing to achieve this?
China is now Africa's largest trading partner, surpassing the United States and its traditional European partners. Commercial ties between the two regions exploded since 2000, leaping from $10bn (£6.3bn) to over $100bn in the last decade.
The towering new African Union headquarters in Addis Ababa was a largely welcomed $200m gift from Beijing and a clear testimony of China's intention, and ability, to engage with individual states as well as an entire continent, presenting it with new opportunities and challenges. |
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| Source: BBC |
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