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Old 12-23-2018, 06:15 AM
 
Location: Sandpoint, Idaho
2,897 posts, read 5,281,000 times
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For the same reason why most countries have a presence in all other countries: for business, trade, their own development and risk management.

Why China went big into Africa? Natural resources. First mover advantage to prep for continued demographic explosion of Africa this century. To supplant the world bank. to diversity away from the US and Europe. to escape Western legal and regulatory restrictions.

S.
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Old 12-23-2018, 10:21 AM
Status: "Nobody's right if everybody's wrong" (set 29 days ago)
 
Location: New Albany, Indiana (Greater Louisville)
9,842 posts, read 21,147,636 times
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Some countries take advantage of corrupt leaders and buy up farmland in poor nations to send food back to the home nation. Seems unfair for countries with hunger problems to be sending their food to a richer nation.
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Old 12-23-2018, 10:23 AM
 
Location: Silicon Valley, CA
9,876 posts, read 6,620,476 times
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Quote:
Originally Posted by Sandpointian View Post
For the same reason why most countries have a presence in all other countries: for business, trade, their own development and risk management.

Why China went big into Africa? Natural resources. First mover advantage to prep for continued demographic explosion of Africa this century. To supplant the world bank. to diversity away from the US and Europe. to escape Western legal and regulatory restrictions.

S.
Yes to all of the above.

For the African countries POV, the Chinese are less likely to harp about their country's political practices, e.g. human rights records, with less political strings attached, than say, the US - it's strictly about business.
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Old 12-23-2018, 11:10 AM
 
Location: Earth
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to rape your resources like the europeans did and enslave you with loans
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Old 12-23-2018, 01:19 PM
 
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In the long term, the Chinese will be in for a rude awaking. But by then they probably will have taken all they wanted to take.
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Old 12-23-2018, 02:31 PM
 
Location: SoCal
3,771 posts, read 2,561,689 times
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China was pretty much where Africa was 30 years ago looking at where they came from China understands first hand that Africa will develop, and understands that those who invest in Africa will be those who benefit when it develops.

Africa is projected to be most populous continent by 2100, and not to mention the huge amount of natural resources.

China is being a smart investor it's too bad the US hasn't realized this, and our influence will surely diminish in the coming decades.
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Old 12-23-2018, 05:25 PM
 
Location: Cebu, Philippines
4,428 posts, read 1,679,997 times
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India tried the same thing 50 years ago. In many African countries, nearly every business enterprise was owned by an Indian. A lot of African countries then kicked them out, some of them (Uganda, eg) quite unceremoniously, and others (Sierra Leone) wouldn't even give them visas.

African republics are still sovereign, and have the power to control these kinds of things according to their own best interests. It's not just Africa. In Suriname, most retail trade, such as supermarkets, are Chinese owned and staffed. Everywhere, enterprise is in the hands of those with access to financial backing. Many rural southern American towns, with alll black population, have a single convenience store owned by an Indian or Arab.

Last edited by cebuan; 12-23-2018 at 05:40 PM..
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Old 12-23-2018, 05:59 PM
 
Location: Aliso Viejo, Orange County, CA
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It's really too bad that Africa's corrupt leaders are easily bought and sign deals that leave the people of the continent economically enslaved; without control over their own resources and infrastructure.

The continent has a very young and growing population, with projections that, by 2050, 1/4 of all people in the world will be African, and that number may increase to 1/3 by 2100:

'The biggest change of our time' is happening right now in Africa

https://www.businessinsider.com/afri...umanity-2015-8

After 2050, Africa is projected to be the only major area that has a continually growing population, meaning that it will house 25% of the global population in 2010 and 39% in 2100.

In 1950, only 9% of the world's population was African.

Other than for strategic military bases, it appears, IMHO, that the US has been dismissive of Africa's importance; and is now scrambling to try and beat China as it gains control over African resources:

Bolton Outlines a Strategy for Africa Thatís Really About Countering China

https://www.nytimes.com/2018/12/13/u...ica-china.html

John R. Bolton, President Trumpís national security adviser, said the United States would lavish money and greater attention on the African continent, casting it as a crucial battleground in the global economic contest between the United States and China.

But Mr. Bolton conceded that the United States had limited resources to compete with the tens of billions of dollars China is pouring into Africa...

Technology is growing on the African continent:

African innovations that could change the world:
https://www.cnn.com/2017/11/16/africa/gallery/africa-innovations-that-could-change-the-world/index.html

Facebook already has over 170 million users in Africa:(Facebook Has 170 Million African Users, Mostly On Mobile - Forbes) but it continues to expand across the continent:

Facebook Pushes Into Africa
https://www.wsj.com/articles/faceboo...ica-1539000000

Africa is also expected to leapfrog in growth due to technology. So, it wont take the same predictable path of the West:

The leapfrog model

What technology can do for Africa
Technology in Africa is making huge advances, says Jonathan Rosenthal. But its full benefits will be reaped only once basics like power supplies and communications are widely available
https://www.economist.com/special-re...-do-for-africa

I know precious little about international politics in general, or even the African continent, in particular, but I wonder if especially the tech savvy young of Africa's future will put up with the deals made by present day corrupt dinosaurs?
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Old 12-23-2018, 06:35 PM
 
Location: SoCal
3,771 posts, read 2,561,689 times
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Quote:
Originally Posted by cebuan View Post
India tried the same thing 50 years ago. In many African countries, nearly every business enterprise was owned by an Indian. A lot of African countries then kicked them out, some of them (Uganda, eg) quite unceremoniously, and others (Sierra Leone) wouldn't even give them visas.

African republics are still sovereign, and have the power to control these kinds of things according to their own best interests. It's not just Africa. In Suriname, most retail trade, such as supermarkets, are Chinese owned and staffed. Everywhere, enterprise is in the hands of those with access to financial backing. Many rural southern American towns, with alll black population, have a single convenience store owned by an Indian or Arab.
The thing is India never had the money that China has to pour into development in African countries, money changes the way people do things.
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Old 12-23-2018, 07:04 PM
 
Location: Taipei
6,776 posts, read 5,126,284 times
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Because no one else likes them.
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