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As if stung by a scorpion, watch the reaction of Hillary Clinton when this question was put forward at a town hall meeting in the Democratic Republic of Congo. Due to a poor translation, “What does the President think” became: “What does your husband think on the issue.” See Hillary flame …
Oh No You Didn’t! Hillary Clinton Visits Congo, Goes Ballistic
(AllAfrica.com) – “The high commodity demand from China has spurred African growth in the last decade while China’s growth has become dependent on Africa’s capability to meet that demand,” Davies, who is the Executive Director of the Centre for Chinese Studies at Stellenbosch University, said in Johannesburg recently.
Speaking at a Standard Bank Africa Forum in Johannesburg, Davies, who is also a Director for the Asia Business Centre at the Gordon Institute of Business Science, said China also wants to secure supply chains with commodity-rich Africa.
The Asian country wants energy security for its 1.6 billion people, but the US and its allies will do anything to block it from accessing oil-rich markets where they have vested interests. However, sub-Saharan Africa’s sources of massive oil like Nigeria and Angola offer China an alternative.
In just ten years, the Sino-Africa trade shot up to US$106.8 billion in 2008, which was two years ahead of target.
