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China the role model

Discussion in 'Biashara, Uchumi na Ujasiriamali' started by Mgeninani, Feb 24, 2010.

  1. Mgeninani

    Mgeninani Senior Member

    Feb 24, 2010
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    The country with population estimated 1.4 billion inside, with millions outside, Dar-es-salaam estimated harbours 20000 chinese, world third largest country, number one fastest growing economy with estimated 11% growth per annum, one of the main investors to Afrika.
    On his middle east tour in Turkey Jk was asked by the journalist about the positive ties of African nations and chinese, he replies it is due to the capital investments and technology which is provided with chinese mostly needed by the Afrikan countries with sound and benefit agreements.
    I understand that the ties between chinese nad TZ did'nt start yesterday,then are we going to benefit more with chinese than Europeans and US?
  2. Masikini_Jeuri

    Masikini_Jeuri JF-Expert Member

    Feb 24, 2010
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    I don't think so at least the Chinese are benefiting or are going to benefit more than we will, that much I can guarantee. Chinese investment in Africa will serve as a job market opening and ease unemployment problems for them.
  3. k_u_l_i

    k_u_l_i Senior Member

    Feb 24, 2010
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    No brainer, Chinese capital is cheaper than European or US. For other investments it depends. I would say for high tech investment we are better off with European and US. It's hard to say for investments like agriculture and transport but I would stick with China.