Chinese Take a Turn at Turning a Sub-Saharan Profit

The country with the highest growth rate in the world targets Africa for development, as evidenced by its strong presence in nations both rich in oil and not. Trade between Africa and China nearly quadrupled since 2001. Some economists suggest that China offers the continent practical benefits, not patronizing lectures on religion, politics or economic systems. For example, in Senegal, China construction crews build roads, bridges and other infrastructure. Other small enterprises hint that China’s focus extends beyond Africa’s vast resources, but so far most African exports are raw materials and most imports from China are manufactured goods. Still, China’s interest in the continent creates competition for ideas and gives Africans a choice, which could eventually lead to reform and economic growth. As one analyst put it, China acts more as a friend and less as a tutor. – YaleGlobal