Chinese
investments in Africa have raised many eyebrows, as competitors like the U.S.
argue that it's motivated by Beijing's desire to exploit the continent's
resources.
Earlier
this year China promised $20 billion in investments to various African
countries, and U.S. secretary of state Hilary Clinton said in a speech that
African countries should consider partnerships with more responsible countries
as against countries that exploit resources in a veiled reference to China.
This
prompted Chinese state news-agency Xinhua (via the Guardian) to write
"Whether Clinton was ignorant of the facts on the ground or chose to
disregard them, her implication that China has been extracting Africa's wealth
for itself is utterly wide of the truth."
Given the
recent debate we drew on this map from Stratfor to highlight Chinese
investments offers in Africa since 2010. From Stratfor:
"While
China has proposed $750 million for agriculture and general development aid and
about $50 million to support small- and medium-sized business development in
addition to the aforementioned projects, it has been criticized for the
extractive nature of its relationship with many African countries, as well as
the poor quality of some of its construction work.
However,
since many African countries lack the indigenous engineering capability to
construct these large-scale projects or the capital to undertake them, African
governments with limited resources welcome Chinese investments
enthusiastically. These foreign investment projects are also a boon for
Beijing, since China needs African resources to sustain its domestic economy,
and the projects in Africa provide a destination for excess Chinese
labor."
We first
spotted the map on The Big Picture:
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