| 02.02.2009 - Commodity flux and China’s Africa strategy |
| From Chinadigitaltimes.net: During the commodity price boom, China invested massively in Africa seeking to lock up as many raw materials as possible. Some in academia spoke confidently of China having a fifty or one hundred year strategy toward Africa. In practice, Chinese entrepreneurs have been the first to leave when the market turned since the global decline in commodity prices accelerated with the collapse of Lehman Brothers in September 2008..... Full Article: Source |