December 23-2008:
The Chinese & Africa's Development!
Today we see in several African states China's business attaches and entrepreneurs involved in mineral extraction, infrastructure development, retail distribution and selling of manufactured goods for homes, offices, personal effects, and restaurants. All manned by Chinese employees, supervised by Chinese, and Chinese collateral investments largely.
Some African governments have decided to trade or engage in joint business, agricultural, and oil ventures with the Chinese, to assist in the development of Africa and China's growing economies.
But why aren't African countries indulging in the same cross border ventures for bilateral development?
This may be a very difficult question to answer simply, but I will give it a try.
* Not all African States are democratically managed.
* Not all African states have an economy that allows Free Enterprise to prosper, without government, tribal, or political interference and control.
* And few African countries have a history of sound and sustainable economic ties or trade with other African states.
These are just some of the problems that interferes with Africa's internal development, sustainable, and self-reliant continentally. Coupled with the ever present tribal and regional conflicts, that invariably lead to internal strife, civil wars, and regional wars that lasts for decades.
During which those countries engaged in such internal conflicts, are ravaged to the point of a total collapse of their infrastructure and governmental apparatus.
Therefore, those African states with stable governments, A Free Market economy, or Entrepreneurial Enterprises, tend to engage with any country that is willing to Trade, Barter, or engage in bilateral development arrangements that are mutually beneficial to each other!
Derryck.
NYC.
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