Source: Daily Trust (Abuja)

By Louis Okoroma

There is a growing debate and uneasy calm within the Nigeria's business circle over the invasion of Nigerian market by Chinese investors. On the one hand, it is seen as a blessing as China is an emerging power in the global scheme of things, on the other hand it is seen as dangerous and an attempt to further cripple the dwindling Nigerian economy.

President Obasanjo's apologies say it is part of the overall reform of the Nigerian economy, so as to give Nigeria the benefit of a fresh breeze economic, and to as well benefit from China's experience as an emerging super power.

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Posted by pichu at February 23, 2007 11:18 AM