Friday, January 13, 2006

China is reinforcing its presence in Africa

A very good article from Le Monde about the increasing importance of Africa for Chinacan be read here (in French). The continent is very important for China due to its natural resources as exemplified by the recent $2bn investment of CNOOC in a Nigerian oil field. With the US currently trying to reduce its dependence on Middle-East oil by investing into Africa, a conflict of interest is bound to develop between the two blocks.

1 Comments:

Blogger Guillaume said...

Africa today and the moon very soon...

G.

6:11 AM  

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