China and Africa, a new form of colonialism

Discussion in 'General Trading Discussion' started by Dejik, Feb 17, 2015.

  1. Dejik

    Dejik Active Member

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    The Chinese are spending untold amounts helping African governments to develop their infrastructure in return for a good deal on natural resources. Does this potentially represent a new form of colonialism?
     
  2. missbishi

    missbishi Well-Known Member

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    Maybe "colonialism" is too strong a word. It's certainly true that theyre might be some exploitation going on but the benefits this deal seems to bringing to Africa are numerous. Roads, power stations and schools are being built now and it's good to see that Africa no longer has to rely on the West.

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    Last edited by a moderator: Jul 8, 2016
  3. Onionman

    Onionman Senior Investor

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    I think it's a long way from being colonialism. The Chinese have been in Africa for decades but now they are definitely positioning themselves well to develop the continent and to benefit from it a lot themselves. China is basically filling in the gap that the US or European powers would have/should have traditionally done in the region. We'll see how the relationship evolves in coming decades.
     
  4. queenbellevue

    queenbellevue Well-Known Member

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    I don't think it's colonialism just yet. Right now it's more exploitative (if that) than anything.
     
  5. Rainman

    Rainman Senior Investor

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    It's not colonialism. The Chinese are opportunists. Why is it that they're only helping nations which have natural resources that they will find useful? Lets take South Sudan as an example. China has invested heavily in the country so they can steal South Sudan's oil.
     
  6. Gelsemium

    Gelsemium Senior Investor

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    Yep, it's just business. The Chinese are not only in Africa, they are all over the world making business. I don't know if steal is the right word, but they are investing and they expect a return.
     
  7. AtlantaSports

    AtlantaSports Senior Investor

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    I would not go on a limb and say that it is colonialism. That is a little bit of a stretch. I really just think that it is a good business deal, because the African economy could use a little bit of help right now.
     
  8. missbishi

    missbishi Well-Known Member

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    That's the thing, Africa needs all the help it can get right now, so it would be foolish to turn China away. I still think there's a little exploitation going on, particularly with regards to African natural resources, but then again, they don't have the funds to be able to tap into them themselves.
     
  9. Fredrick Jones

    Fredrick Jones Well-Known Member

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    The two favorite words of the third world are colonialism and exploitation. The Chinese are not running the government of these third world countries, so it is not colonialism. These countries are not forced to do business with China, they can sell their resources to someone else, therefore it is not exploitation.

    Colonialism and exploitation is when a country is taken over by military force, and the inhabitants are forced into slavery. Until the 1900s this existed in many African countries. Today this is no longer the case.
     
  10. Gelsemium

    Gelsemium Senior Investor

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    That is true, colonialism is not the right word, but at the same time we do get the picture because the Chinese are spreading all over and taking over parts or the economy world wide.
     

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