日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Economy

Mutual benefit

By Andrew Moody and Zhong Nan (China Daily) Updated: 2013-01-04 09:39

Mutual benefit

Philip Nyinguro, associate professor of international relations at the University of Nairobi. [Photo/China Daily]

"I can remember when Sanlitun (now the bustling entertainment district in Beijing) was just bush and Shenzhen was a small fishing port and now it is like Hong Kong. There is a feeling if they can do it, we can do it too," he says.

Over tea in the diplomatic residence in Accra bedecked with Chinese artifacts, Gong Jianzhong, China's ambassador to Ghana, says outsiders often misunderstand the China-Africa relationship because they forget China - despite being the world's second-largest economy - is also a developing country.

"In GDP per head terms China ranked until recently behind Angola and not far ahead of Ghana. Fifty years ago we faced the same challenges, and today we face the same challenges," he says.

"If you go to the countryside in China, you see the same problems that are faced here in Ghana. In both there are issues of healthcare and infrastructure. We both have a strong desire to develop our economies."

Perhaps the biggest way China is helping Africa is in building infrastructure. The lack of functional roads and unreliable power supplies makes it very difficult for many businesses to operate at all in many parts of Africa. Transporting both raw materials and finished goods to market is a major headache.

According to a 2010 World Bank report, Africa needed to spend $93 billion on infrastructure every year to sustain future growth. With current spending of only about $45 billion, it cannot meet half that target.

Wale Shonibare, chief executive officer of UBA Capital, the investment bank subsidiary of UBA Group, one of the largest banks in Africa, based in Nigeria, says Chinese companies are very efficient in building infrastructure.

"The Chinese just say we will come in and build this or that and also provide the funding. There are none of the problems of trying to attract foreign investment into particular projects, which takes a lot of time," he says.

"China spends around 12 percent of its GDP on infrastructure development, whereas a country like Nigeria spends just 3 percent, the last time I checked. We need to spend more in order to sustain growth."

China will go and build infrastructure where others fear to tread. Chinese companies were the first into Liberia in 2006 after it had been wracked by civil war for a generation. The country has very limited power and because of the shortage some of the world's highest electricity costs.

Samuel B. Nagbe Jr, assistant minister in the Ministry of Public Works in the capital Monrovia, says Chinese involvement has made a difference.

"Chinese companies are the only actors in terms of infrastructure contracts. This is because they were prepared to take the risk when everyone else didn't feel secure to go there," he says.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产一区二区免费视频 | 福利一区二区视频 | 午夜成年人视频 | 亚洲欧美另类综合 | 中文字幕精品一区二 | 国产高清网站 | 亚洲免费在线视频 | 天堂久久久久久 | 国产原创视频在线观看 | 嫩草国产精品 | 懂色av粉嫩av蜜臀av一区二区三区 | 免费的三级网站 | 蜜桃臀av | 日本道中文字幕 | 六月丁香综合 | 国产视频久 | 国产成人三级在线播放 | 生活一级片 | 亚洲欧洲天堂 | 亚洲天堂网站 | 黄色欧美视频 | 成人福利视频在线观看 | 成人免费视 | 亚洲视频入口 | 亚洲视频在线看 | 成年人黄色片网站 | 国产综合图片 | 九九热视频精品 | 四虎影视精品 | 国产99免费视频 | 天天操妹子 | 国产视频久久久久久 | 中文av在线播放 | 美日韩在线观看 | 日本a天堂 | www.久久国产 | 久久久国产精品一区二区三区 | 不卡视频一区 | 在线黄av | 国产精品区二区三区日本 | 欧美成人免费视频 |