China vows to champion African interests

Screen shot 2014-01-14 at 9.57.38 AM

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

Advertisements

About thomasdinnocenzi

Thomas D’Innocenzi is a highly accomplished, results-focused international consultant with extensive experience in global sourcing and business development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global marketing and sourcing operations. He has extensive experience in international business development to accommodate rapid growth. Skilled in building top-performing teams, bench-marking performance, and developing organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. Tom founded Nova Advisors with the mission of providing expert Global Business Development consulting services for companies seeking to expand their market share as an independent consultant. Tom has a network of experts and advisors throughout the Asia-Pacific region and North America. His expertise includes business development, global sourcing, manufacturing, commodities, logistics, QA/QC, FDA, regulatory compliance, sustainability, and supply chain optimization. Tom is experienced in the medical device, apparel, consumer goods and technology services verticals helping companies advance their global sourcing capabilities and develop new markets through a local and sustained approach. Located in SE Asia and the United States, Tom expands market reach to drive sales. His global sourcing strategy includes directly negotiating with commodity suppliers, supply chain networks and distributors for optimal terms based on his expertise and first-hand knowledge of the players. Contact Tom to use his consulting service to increase your global market and make global sourcing profitable for you in the Asia Pacific Region and the United States. http://www.NovaAdvisors.com thomas@NovaAdvisors.com USA Direct: +1.904.479.3600 SINGAPORE: +65.6818.6396 THAILAND: +662.207.9269
This entry was posted in Business, Economy, Global Sourcing and tagged , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s