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‘Beneficial opportunities’ are all in China’s favour
25 February 2017 | FT | Sir Christopher Ruane

This is disingenuous. Africa provides dozens of examples of lopsided investment that bolsters China politically and provides little or negative local economic benefit, from its dangerous copper mines in Zambia to the decimation of Nigerian textile manufacturing by Chinese imports. A similar pattern emerges globally.
China’s outward investment has been politically charged, socially disruptive and environmentally damaging in many ways.
disingenuous  China  Africa  textiles  letters_to_the_editor  FT  exploitation  deindustrialization  asymmetrical  dangers  predatory_practices  Zambia  Nigeria  neocolonialism  imperialism  FDI  environment  lopsided 
march 2017 by jerryking
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