“China is now Africa’s largest trading partner. Bilateral trade grew more than 43% to nearly $115bn (£74bn) in 2010. But there has been strong criticism of China’s resource grab in Africa and its “no strings” approach. Chinese direct investment in Africa has jumped from less than $0.5bn in 2003 to more than $9bn in 2009.
China needs more natural resources such as oil, gas, and minerals for its rapidly growing economy, while Africa needs more investment in basic infrastructure to develop its potential.
China plans to expand the relationship to “a larger scale, broader scope and higher level”, according to the policy paper released by the state information office. . .” The above is an excerpt from a BBC story last year. What does China’s growth mean for Africa and the world? The film below attempts to answer it.
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“China’s unprecedented growth has placed it on the verge of overtaking the United States as the world’s preeminent power. But what type of power will China become? In today’s interconnected and globalized world, the answer effects each and every one of us.
In Pakistan and Afghanistan, China’s humanitarian activities and investment in infrastructure have won it the hearts and minds of the people. Yet in Tibet and Xinjiang, China is reviled as an imperialistic abuser of human rights. Will China use its strength to dominate its neighbors and become a 21st century empire, or will China’s youth lead the country towards democracy?Whether it’s a peaceful rise or potential threat, China’s 21st century emergence as a great world power will change the lives of everyone.
Directors: Jesse Veverka & Jeremy Veverka”
WATCH THE FULL DOCUMENTARY HERE.
Founded in 2007, Ladybrille® Magazine is a California based pioneer digital publication demystifying the image of Africans in the west through contemporary African fashion and celebrating the brilliant woman in business and leadership, with an emphasis on the African woman in the diaspora. Our coverage includes stories on capital, access to markets, expertise, hiring and retention, sales, marketing, and promotions.