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Author Topic: "Billions from Beijing: Africans Divided over Chinese Presence"  (Read 1330 times)
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WhiskeyGirl
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« on: November 29, 2013, 08:49:10 PM »

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Chinese companies have pumped billions into Africa to secure access to natural resources, boosting countries' economies along the way. Ordinary citizens aren't reaping the benefits, though, and have become increasingly wary of the new investors.

In a three-part series, SPIEGEL is exploring fundamental changes occurring in Africa -- a continent the West has long written off, but is now being embraced by other countries. This is Part I of the series. An introduction can be read here.

Everything is as it has always been: decayed rows of houses, weathered doorframes with intricate carvings, potholed dirt roads, fishing boats rotting on the beach and, in the middle of it all, the Boma, a stone fortress built by the former German conquerors in Bagamayo, a sleepy coastal town in Tanzania.



read more here - http://www.spiegel.de/international/world/chinese-investment-in-africa-boosts-economies-but-worries-many-a-934826.html
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