Did you know ?? China and India - Rivals in Africa (436 hits)
The growing influence of China and India in Africa is being watched with skepticism. Many see the rising Asian economic powers as new colonial masters exploiting resource-rich Africa solely for their own benefit.
In August 2012, US Secretary of State Hillary Clinton brought the scorn of China and India upon her head. During a speech in Senegal, as part of her extensive trip through Africa, she derisively announced that, "The USA stands for democracy and human rights, even when it's easier or more profitable to look away in order to secure resources."
For a while now, China and India have been at the center of growing criticism for going on reckless shopping sprees in Africa in order to feed their growing economies back home. That includes, according to accusations, not shirking away from doing business with countries that have been shunned internationally, like Sudan and Zimbabwe. The citizens of Africa were supposed to have received little benefit these investments. With their resources now robbed, critics say it will be hardly possible for African countries to do business on equal terms.
