China buying up resource-rich Africa
 

The People?s Republic of China has gone on a buying spree on the resource-rich but economically underdeveloped African continent. And central to the plan has been massive investments into raw materials as well as political influence in a number of key African states, notably Sudan, Angola, and Zimbabwe. The reasons are starkly mercantile but equally politically motivated.


http://www.worldtribune.com/worldtri...0386_04_05.asp

Yes Africa has massive potential in so many areas, the Chinese can see it but few others seem to get it. For example, if you weren't living on benefits you could invest in now main market listed Lonhro who have just won a contract to supply hake to Walmart in the USA from South Africa.
http://www.lse.co.uk/share-regulator...t_i n_the_USA

they are also working on controlling the solar market. Amazing what you do without elections or having to bendover for contributions.
http://en.wikipedia.org/wiki/Solar_p...ublic_of_China

Wait until they find out that it is full of Africans. ahahahahahaha They are gonna be so pissed!

They are facing peak coal. Its about survival, not innovation or being progressive.
:2 cents:

Yes, that's generally the stereotypical response. The question has always been "when" Africa comes right not "if". The Arab spring in north Africa, the demise of Mugabe in Southern Africa (the world cup in SA), a lot of disposable income building up in West Africa notably Ghana and Nigeria. Africa is where you need to get now to get ahead of the game.

Yeah okay. As soon as they stop using elephant shit as a building material I'll be the first to invest.

http://images.biafranigeriaworld.com...-cow-urine.jpg

Looks like paradise to me!

Wow, no you'll be at the fag end wishing you'd got in sooner. Did you know lions love elephant shit, they play with it, munch it, drives them nuts.

As I said "stereotypical" some might interpret that as "ignorant" :)
Durban
http://www.africanloop.com/theme/fro...d/slide/03.jpg

Not surprising. Do you know how expensive solar was before the Chinese got in the game? I just hope they make it so affordable that it becomes a REAL option for 3rd World countries. Those are the places that need solar the most.

I know house prices have dropped 4.5% in the last year man, but hey, wherever you lay your hat that's your home.

I blame Nixon for letting those assholes out of the bottle.

Cool bungalow :pimp

China expansion, they want to own a world one day?

Nice, since the door is open and unlocked, I can assume that there lives no whites in the area that makes burglary.:upsidedow

ummmmmmmmm wel this it off

its gold and copper they are after.

im getting the sneaking suspicion...it is just an inkling of a thought mind you

but i think twistyneck..might be racist

i mean dont quote me on it...but just sayin

Not only gold and copper... Africa in certain regions, if you have the money, is PERFECT for grain.

China owns an area of around the size of BELGIUM in Africa which is simply used for crops harvested 100% for China.

and they will enjoy the shit out of that just like US did [enter] war, famine, genocide, [this tag does not end]

yeah, like the USA

the Arabs are buying large tracks of farm land as well, wouldn't surprise me if the Chinese farms are not for grain to sell to the Arabian Peninsula. :2 cents:

I don't think it's stereotypical at all. Africa has been a cesspool for decades. I remember Live Aid in the 1980s, and nothing has changed since then. This past week there has been a number of articles about starving children in Africa, and just this morning there was another article about fighting in Mogadishu.