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« Donor bank for Africa to meet in China | Main | Italy's F2i infrastructure fund to have 10-12 bln eur resources to invest »

February 2, 2007

Why Beijing is winning in Africa

Source: Business Day

THE Chinese are rapidly developing a successful capitalist economy - it would be a shame if the commies took over... New visitors to Beijing might be tempted to utter this paradox, especially at Christmas when the shops and tourist hotels are decked out in western festive paraphernalia. The most upmarket shops boast Eu-ropean mannequins, predominantly English signs and western fashions. Senior communist party officials seem rather embarrassed when westerners ask about the great revolutionary leaders of the past: Mao is as long dead as Marx.

Full story...

Posted by pichu at February 2, 2007 9:33 AM