Sunday, May 06, 2007

China's African venture is risky business

On May 6, 2007, Dr. Wenran Jiang was interviewed by the Australian on China's emerging oil interest in Africa. The Chinese public is expressing growing concern about the number of attacks on the rapidly increasing Chinese workforce in Africa, as Beijing's success in the global war for access to oil and other key commodities comes at a growing price in lives.

As an expert on China's role in Africa, Wenran said that some Chinese companies operating there use Chinese labour, others local labour, and yet others, both. There is no single model. But there is clear-cut economic logic for using Chinese labour. It is cheap, disciplined, well-trained, and easy to manage. He cautioned that if Chinese invested companies want to be there for the long run, they need to have local support.

You can read the article here.

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