China vows to champion African interests

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China’s Foreign Minister Wang Yi vowed on Friday that his country would “always be a champion” of African causes as he began a two-day trip to Senegal.

He hailed the strengthened relationship between Beijing and Africa after touching down in Dakar on the final leg of a four-nation tour aimed at boosting trade links between Beijing and its partners on the continent.

“The friendship between China and Africa will continue to deepen over time… in an atmosphere of pragmatism and openness,” Wang told a joint news conference with his Senegalese counterpart Mankeur Ndiaye.

“In its relations with African nations, China will promote justice. China will always be a champion of African nations and defend their interests.”

China has increasingly eyed Africa to fuel and fund its burgeoning economy, which last year is estimated to have grown 7.6 percent, according to a government report.

Senior ministers and presidents Hu Jintao to Xi Jinping have personally courted African nations, with deals signed in sectors from oil and gas to agriculture and infrastructure.

But Beijing is often accused of focusing on the potential profits from Africa’s vast mineral wealth at the expense of human rights.

In recent years Beijing has sought to win hearts and minds with huge Chinese-funded infrastructure projects including Senegal’s national theatre, built in 2011.

Other China-backed projects in the pipeline in Senegal include a national arena and a 150-kilometre (93-mile) highway connecting Dakar to the central city of Touba.

According to the Chinese embassy in Dakar , trade between Senegal and China increased by 20 per cent in the 12 months to August 2013 to US$633 million.

“Despite the long distance between us, the quality of our relations allows our two countries to overcome the geography,” Ndiaye said.

Wang, whose tour has also taken in Ethiopia, Djibouti and Ghana, held talks with Senegalese President Macky Sall and is due to tour Chinese-funded development projects and meet Prime Minister Aminata Toure before leaving on Saturday.

He told reporters Sall would be visiting Beijing in February.

In Ghana, Wang had described 2014 as a year of “ever-deepening reform” in China, with the target of “national rejuvenation”.

Chinese trade with Africa stood at US$200 billion in 2012, prompting talk of the continent as a potential battleground for a proxy economic Cold War with Western powers.




Source : Channel News Asia | January 13, 2014


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Thomas D'Innocenzi is a highly accomplished, results-focused senior international executive with extensive experience in global sourcing and market development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global sourcing operations worldwide. Extensive experience in international market development operations to accommodate rapid growth. Skilled in building top-performing teams, benchmarking performance, and restricting organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. As principal of Nova Advisors, LLC I’ve assembled an exemplary team that brings with them the knowledge and experience gained from starting up a Global Sourcing program with multiple Fortune 500 companies as well as the largest supplier network throughout the Asia-Pacific region. We have experience and expertise in more than a thousand medical and pharmaceutical products in manufacturing and sourcing at the best value. The right product, the right price point and the right branding fueled these successes that resulted in double-digit growth for top line sales and bottom line net margins for our customers. What sets us apart: • Our reach includes a large network of suppliers & manufacturers spanning 13 countries in Asia-Pacific region • We understand the manufacturing process and the business of the supplier and the buyer • Our company culture is based on quality assurance and our process is based on local quality control Our commitment is to be your partner offering the best products and services at the lowest cost. Contact me to discuss how we can make the global marketplace work for you. In addition, I am open to discussing opportunities in global sourcing, international marketing & sales, logistics and medical/pharma in Thailand, Vietnam, Malaysia, Philippines & Japan. Aside from my work I enjoy piano, astronomy, physics, and assisting my daughters with their studies. SPECIALTIES: Global Sourcing, Supply Chain Management, Business Development, Marketing, Logistics, Global Networking, Market Development, Healthcare Solutions, Pharmaceuticals, Medical Devices, Technology, Asia, Southeast Asia, US and Canada
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