Thursday, April 14, 2016

Anti-capitalism, Chinese nationalism and exploitation of it's ? trading partners? .

Chinese nationalism in Africa is causing immense problems. A possible side effect is depriving the African rebels of natural resources. I have noted the disappearance of Boko Haram.

September 2, 2011
By Peter Wonacott

..."China's model (click here) is telling us you can be successful without following the Western example," said deputy prime minister Arthur Mutambara, a member of an opposition party locked in awkward coalition with Mr. Mugabe, who has deep ties with Beijing.
The U.S. is the largest foreign donor to Zimbabwe, according to the Organization for Economic Cooperation and Development, which doesn't count China as a member. The U.S. funnels much of its assistance through nongovernmental organizations, some of which are critical of Zimbabwe's government. That hasn't gone down well with many officials. "China is my favorite country," said Mr. Mutambara a 45-year-old politician who attended U.S. universities....

When a country dives into nationalism it is usually for the country's flag, not allegiance to a foreign government. The flag that flies over Africa is China's flag. When the Chinese speak of the development of the middle class, it is about the Chinese middle class and not the Zimbabwe middle class. Quite the contrary, the poverty of Africa is even more profound as the people are ignored by their government only to have their natural resources exported to China's sovereign borders.

China's partnership in any trade comes with a very hard reality, the poor are getting poorer and there is no hope for the future.

When Bono made testimony to the USA Congress committee he stated the Chinese come to Africa with their own employees and the citizens don't have opportunity to move out of abjective poverty. For those Third World countries involved with Chinese businessmen there should be warning flags everywhere to realize the leaders are moving their citizens more deeply into poverty.  There will be no middle class development of the citizens of Third World Africa. They are digging themselves deeper into poverty not finding a path out of it. There are no jobs for the poor, the charity is only as permanent as China's exploitation of a country's natural resources.


On a continental scale, (click here) China’s deal-making pace far exceeds the U.S.’s, according to Mthuli Ncube, Chief Economist at the African Development Bank Group. He estimates Chinese firms accounted for 40% of the corporate contracts signed last year, to 2% for U.S. firms.

China is developing a middle class. That takes investment by the government in education and opportunity, however, in this case it would seem as though the Chinese are building their middle class on the deprivation of it's trading partners. This is not trade, this is pathetic.

Who is getting the money from the Chinese businessmen to provide an exploitative model to a country's natural resources? There has to be a pay off somewhere. 

This exploitation may be conducted without the knowledge of the Chinese government or it's permission. China is developing a very bad name in trade relationships by depriving foreign citizens in developing a middle class. The Chinese government is seeking  a strong middle class, but, I question whether unfair trading and labor practices are part of the picture the government expects. 

It has been obvious that Chinese businessmen get carried away with their profit margins, such as, fatal dog food to American consumers. China comes down hard on these businessmen, it would be a good idea if Bono and the US State Department make a humanitarian plea directly to the Chinese government. The solution may be far more easier than most expect.