Thanks to African Loft I learned, that there is a market analysis about China and their business in Africa. Excerpt:

„While America is preoccupied with the war in Iraq (cost: half a trillion dollars and counting), and while think-tank economists continue to spit out papers debating whether vital resources are running out at all, China’s leadership isn’t taking any chances. In just a few years, the People’s Republic of China (PRC) has become the most aggressive investor-nation in Africa.“

My question: What does Germany, what does Europe do? (I think, they just spent money and hope, the Africans will think good of them.)

(mehr …)