Source: SciDev.Net (London)

By Talent Ngandwe

Links between China and Africa are growing. More than 700 Chinese companies are active in Africa, and trade between China and the continent is worth US$55 billion.

China gets roughly a third of its oil and many other important natural resources from African countries. These assets have helped fuel China's remarkable economic growth.

But China has been accused of exploiting Africa's wealth of natural products.

To counter this, China has pledged to overtake the World Bank as Africa's main financial provider.

Full Story...

Posted by pichu at June 22, 2007 11:27 PM