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Fallout from new Chinese colonialism in Africa
Monday, November 23rd, 2009
Chinese efforts to develop Africa have led to a new era of colonialism that sometimes stirs resentment on the continent, two Thunderbird alumni said Nov. 6 during a panel discussion at the Thunderbird Global Reunion in Macau. “Instead of employing Africans, they’re bringing over thousands of Chinese,” said Chris Fussner, a 1982 Thunderbird graduate who lives in Singapore. “Africans are greatly resenting this new Chinese colonialism.” | Video: China’s Role in Africa (3:42)
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Pay no attention to talk of China and India growing together as a unified Chindia. That won’t happen. What the world will see instead is the emergence of two economic powerhouses that will feed off each other as natural trade partners. To survive and thrive in this new global economy, multinational companies in the West will have to engage with these dragons and tigers of Asia. It’s simply a matter of numbers. 