Article Notes from: "China's audacious infrastructure plans could put a major strain on African economies"

Article Notes from:  China’s audacious infrastructure plans could put a major strain on African economies.


Article Key Points:

  • China’s One Bridge One Road (OBOR) began as an idea in 2013 to expand Chinese economic influence

  • OBOR involves roughly 60 countries at an estimated cost of $5 trillion US. This money pays for new rail networks, pipelines ad roads “across Asia, Europe and Africa.

  • Africa remains wary of what OBOR means to their nations.

  • China’s alleged focus is on Kenya, Tanzania and Ethiopia. Other countries of interest are “Cameroon to Namibia and Nigeria”.
  • African states fear China will take their resources, and leave countries without development
  • Africans also fear China will use their market to sell cheap Chinese products, while subverting local business interests
  • Will China bring political, economic and social growth, or will it kowtow to the current regimes?
  • How much debt does Africa have to go with Chinese banks to reap rewards for Chinese business?
  • Will land be stolen from the people?
Source:  Reboredo, Ricardo. 7Sep17. China’s audacious infrastructure plans could put a major strain on African economies. https://qz.com/1071508/chinas-one-belt-one-road-plan-could-put-strain-on-african-economies/ ; Retrieved 25Sep17

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