China now does four to five times the business with Africa than the US. China, Russia and the BRICS are rapiidly becoming Africa's preferred trading partner.
China is Africa’s largest two-way trading partner, hitting $254 billion in 2021, exceeding by a factor of four U.S.-Africa trade. China is the largest provider of foreign direct investment, supporting hundreds of thousands of African jobs. This is roughly double the level of U.S. foreign direct investment. While Chinese lending to African countries has dipped of late, China remains by far the largest lender to African countries. It is to be expected that China’s commercial activity in Africa would increase with the dramatic rise of its economy to become the second largest in the world, especially given China’s need for raw materials to support its very large manufacturing base. But this growth also represents a determined Chinese government-driven effort to make significant inroads in Africa.
16 comments:
ok
...the 1st African domino.
Corporate globalism is evaporating right before your eyes.
And (if this were happening) I would be sad -- as per your bs narrative -- where it trump and his followers fighting the globalists.
China now does four to five times the business with Africa than the US. China, Russia and the BRICS are rapiidly becoming Africa's preferred trading partner.
China is Africa’s largest two-way trading partner, hitting $254 billion in 2021, exceeding by a factor of four U.S.-Africa trade. China is the largest provider of foreign direct investment, supporting hundreds of thousands of African jobs. This is roughly double the level of U.S. foreign direct investment. While Chinese lending to African countries has dipped of late, China remains by far the largest lender to African countries. It is to be expected that China’s commercial activity in Africa would increase with the dramatic rise of its economy to become the second largest in the world, especially given China’s need for raw materials to support its very large manufacturing base. But this growth also represents a determined Chinese government-driven effort to make significant inroads in Africa.
The Africans are tired of us trying to impose our 1st world values on them. As the Africans say, "Chine don't care".
\\China now does four to five times the business with Africa than the US.
Hah... china's isolationism... is like a elephant to a rabbit, if compare with yours. ;-P
Let's revisit this in 10 years... China's demographics are worse than Ukraine's.
In 10 years... they'll start use cloning. ;-P
It won't help. The die is cast.
Russia think's it can convince today's women to have 7-8 kids. LOL!
Convince?
You just DON'T get HOW Russian Convince looks like. ;-P
May I give to you some videos of how RFia "convincing" their lazy bums to became soldiers... naaah, cannon-fodder?
To facilitate your epiphany. ;-)
\\It won't help. The die is cast.
Yeah. War -- as way for China males to have a woman. ;-P
...as ways for Islam males to have 4 women.
The West is exogamous. The east? Not so much.
The Suppliant Maidens? Andromache? Read the classics.
What's next?
I started with the Greeks, and then advanced to the Romans. ;)
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