HPR: Africa Open for Business with China

HPR: Africa Open for Business with China
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“Despite China’s emergence as an economic powerhouse and political force, Western leaders still frequently decry China’s authoritarian regime, trade violations, and human rights abuses. But there is one region of the world that does not judge China by the same demanding standards: Africa.

The partnership suits both sides. Africa has tremendous natural resources and is in dire need of development. And China’s red-hot economy gives it a voracious appetite for resources. To Africa, Chinese investment is particularly appealing because the Chinese do not demand political preconditions before making economic agreements, assuring African leaders that their national autonomy will be maintained. This no-strings-attached policy allows African countries to make fuller use of their natural resources, and enables China to gain a significant competitive advantage over the United States.”

Full Article from the Harvard Political Review:
http://hpronline.org/africa/africa-open-for-business/