SkyscraperCity banner
1 - 8 of 8 Posts

·
Registered
Joined
·
105 Posts
Discussion Starter · #1 ·
Chinese enterprises shoulder social responsibilities in Africa
Source: Global Times [03:13 October 25 2010]Comments
By Huang Na

A gradual transformation appears to be taking place among Chinese enterprises in Africa.

Feng Zuoku, vice president of the Chinese People's Association for Friendship with Foreign Countries, spoke Friday at the launching ceremony of an online poll for the Top 10 Chinese Enterprises in Africa in Beijing. He said China now puts more emphasis on improving Africans' "living standards and quality of life."

"In addition to the breakthroughs made in trade and economic relations between two countries, Chinese enterprises have been involved in many projects related to Af-rican people's livelihood improvement, which have been welcomed by African people and praised by African leaders," Feng said.

In order to showcase the all-weather relationship between China and Africa and recognize the philanthropic practice of Chinese companies in Africa, the voting has selected 20 candidate enterprises, all of which share the same qualifications of protecting Africa's local environment and cultures with a strong sense of fulfilling corporate social responsibility.


Charles E. Namondwe, ambassador of the embassy of the Republic of Malawi, confirmed China's contribution as "good" and told the Global Times he believes it will "continue."

China now is the largest trading partner of Africa, with an average annual growth rate of 63.6 percent in direct investment from 2003 to 2009. The trade volume this year is expected to exceed the record $106.8 billion set in 2008.

Chinese enterprises have shouldered a wide range of social responsibilities in Africa, include organizing charity activities, protecting the local environment and further involving themselves in local society.

http://business.globaltimes.cn/world/2010-10/585226.html

So what do you think, is China a good big sister for Africa????

 

·
Registered
Joined
·
5,339 Posts
'Good' big sister? No.

But China will bring profits to Africa. Africa should just keep strongly in mind China only cares about it's own benefits when making deals.

Cute picture tho.
 

·
Still Comin' Out Strong
Joined
·
16,190 Posts
When Chinese companies stop importing their own workers for projects they have in African countries, and stop dumping their products in African countries then maybe they'd be good for Africa. ;)
Now, before anybody jumps down my throat, I am fully aware that african governments are just as much to blame for problems with Chinese companies working in their country too. If and when they realize that they're getting the short-end of the stick, and set minimum requirements for foreign companies operating in their nation, then China's relations with most of Africa could create one of the world's best alliances.

But still, this whole China and Africa thing is being overblown by the media. "Africa looks to the east for trade," "China defends its actions in Africa," or "Chinese companies shoulder social responsibilties for Africa :nuts:", etc. etc. These stories make Africa sound like its one nation and some little child that needs the Chinese to come to its rescue. While at the sametime unfairly painting China as an aggressor in Africa when in truth many Chinese investments have done more good than the decades of aid given to African nations.
 

·
Banned
Joined
·
2,289 Posts
Africa should just keep strongly in mind China only cares about it's own benefits when making deals.
That's excellent. Africa needs business partners, not babysitters. I welcome the Chinese, although they should be carefully watched and only used for their money; countries should keep an eye on Chinese immigrants and should monitor their business activities to keep their influence at a minimum.
 

·
Banned
Joined
·
16,927 Posts
This question has been debated to death.

China-Africa trade can be excellent if managed well or terrible if we fall back into the neo-colonial arrangements that have characterized trade with the EU.

It's up to individual countries to put in place the appropriate policies and regulations to monitor it and encourage healthy trade.
 

·
Registered
Joined
·
105 Posts
Discussion Starter · #7 ·
'Good' big sister? No.

But China will bring profits to Africa. Africa should just keep strongly in mind China only cares about it's own benefits when making deals.

Cute picture tho.
Do you think that Africa will become the next 'manufacturing factory' of the world due to chinas increasing wages and standard of living, making operations less profitable for money hungry capitalists?
 

·
Registered
Joined
·
105 Posts
Discussion Starter · #8 ·
èđđeůx;65909989 said:
When Chinese companies stop importing their own workers for projects they have in African countries, and stop dumping their products in African countries then maybe they'd be good for Africa. ;)
Now, before anybody jumps down my throat, I am fully aware that african governments are just as much to blame for problems with Chinese companies working in their country too. If and when they realize that they're getting the short-end of the stick, and set minimum requirements for foreign companies operating in their nation, then China's relations with most of Africa could create one of the world's best alliances.

But still, this whole China and Africa thing is being overblown by the media. "Africa looks to the east for trade," "China defends its actions in Africa," or "Chinese companies shoulder social responsibilties for Africa :nuts:", etc. etc. These stories make Africa sound like its one nation and some little child that needs the Chinese to come to its rescue. While at the sametime unfairly painting China as an aggressor in Africa when in truth many Chinese investments have done more good than the decades of aid given to African nations.

Do you think that western criticism of China-Africa south south cooperation comes from a western sense of violation, that China is messing in its former 'back yard'? I read stories such as this one and cant help but think that the western media has an agenda.

http://www.dailymail.co.uk/news/wor...created-new-slave-empire-Africa.html#comments
 
1 - 8 of 8 Posts
Top