Are Accusation of a ‘New Colonialism’ by China in Africa Unfair? This and other Articles on African Globe – black news


Are Accusation of a ‘New Colonialism’ by China in Africa Unfair?

August 24, 2012 | Filed under: Business | Posted by: 

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China has steadily grow its influence in Africa

The so-called “new colonialism” allegation that China has exploited Africa’s resources is unfair, given that China has made great efforts to help the continent’s development and benefit its people, a Chinese official said Thursday.

“Some countries spread the rumour that China has conducted colonialist resource-grabbing in Africa, or the so called ‘new colonialism.’ It is an unfair accusation,” Sun Zhenyu, chairman of China Society for World Trade Organization Studies, said at the second China Overseas Investment Summit (COIS).

“Oil export to China accounted for 13 percent of Africa’s total over the past century and more, while the figures for the United States, and the European Union was 30 percent and 37 percent, respectively,” said Sun, adding that China has helped the continent build more than 2,000 km of railway, over 3,000 km of roads, over 100 schools and more than 60 hospitals.

Sun meanwhile said that Chinese enterprises must abide by relevant laws and regulations in their overseas investment, as irregular practices will have negative consequences and deteriorate the overall investment environment.

Chinese companies also need to pay attention to ecological environment protection and handle properly local labor relations, he said.

China pledged 20 billion U.S. dollars of credit line to African countries in July, which will assist the development of infrastructure, agriculture, manufacturing, and small and medium- sized enterprises in the continent.

Africa has become one of China’s top investment destinations, with more than 2,000 Chinese enterprises investing in the continent. Accumulated investment from China has surpassed 40 billion dollars by the end of 2011.


About ottwf

The capitalistic and imperialistic system and its systematic aims: profit and power over others, still dominates our world and not the aims of the Universal Declaration of Human Rights, as 1948 agreed! After the world-economic-crisis after 1929 and the following World-War the world hat decided with agreeing the Universal Declaration of Human rights, to create a new world order; conflicts should be solved with peaceful means, not nations and their power, but the dignity of human beings around the world should be the aim of the policies and the economy, of every state and the community of states. But soon after the end of the war, when the victims and destruction were forgotten, all continued as before, with all risks, we had seen before. The split in rich an poor is getting bigger and bigger. We also overuse our global environment already, even if the big majority of mankind still lives in poverty! We are not victims, this world is men-made and be changed from men and women! It will be possible, if those, who do not want or serve (because of system-pressure) profits first, but want for themselves and everybody a life in human dignity unite and develop in a global base-democratic movement a common vision for our world, and learn, how to make this vision real. We need for it a big empowerment of many, many common men and women and their activities. Our chances are because of new communication technologies, of common languages, of the level of education and the mixture of people from different backgrounds better then ever. The occupy-movement is a good start for such a global movement. We support it and try to contribute to its success! We choose news and make comments and so try to unite people for an Occupy-Think-Tank: Its tasks: creating a news-network, self-education, working on global-reform programs and learning to organize projects for those, who are suffering. Join us, so that we can build teams for these aims for all subjects and countries as a base for the unification. We have Wan(n)Fried(en) in our name, because it means When peace and it is a modification of the name of the town our base is, in Wanfried, a small town in the middle of Germany, where we can use a former factory for our activities. Our telefon: 0049-5655-924981, mobil: 0171-9132149, email:
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