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The American Empire in a Changing World



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Wednesday, March 28, 2012

''China's African Odyssey''

From WSJ

"Roughly one million Chinese nationals are working or doing business in Africa, from Egypt's Mediterranean shore to South Africa's Cape of Good Hope.

Theirs are the faces behind China's soaring direct investment in Africa— which, according to China's Ministry of Commerce—rose 87% to $1.1 billion during the first three quarters last year compared to the same period 2010. China's Ministry of Commerce said the value of all China-Africa trade between January and September last year topped $122 billion—a record amount that was equal to total two-way trade for all 2010."

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