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ANALYSIS: From China to Africa part 1

  • Jul 24, 2013
  • 1 min read

How China’s economy overtook the West – and what to do about it

“We need the Chinese to build our infrastructure,” so expressed a Zambian miner in 2009. The future in China is intertwined with its cheap labour force and low-cost manufacturing, the industrialisation of China created unprecedented booms in raw materials, providing lucrative sources of funds to other resource rich emerging markets. Today, African can draw on the comfort that their “humble”...

 
 
 

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© 2014 Judith Ugwumadu Financial Journalist 

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