Posts tagged ‘Malawi’

18/09/2012

* In Africa’s warm heart, a cold welcome for Chinese

reuters: “Malawians bill their country as the “Warm Heart of Africa” and pride themselves on a reputation for friendliness. But Jaffa Shaibu, a burly 32-year-old merchant in a clothes market in Salima, a dusty town near the shores of Lake Malawi, feels less than welcoming to the Chinese traders who have moved in over the past four years.

Liberian children hold Chinese flags before the arrival of China's President Hu Jintao in Monrovia in this February 1, 2007 file photo. REUTERS-Christopher Herwig-Files

“The way it looks, one day there will be a big fight with them,” Shaibu said. “One day there will be blood.”

Echoing a grievance heard across Africa, Shaibu and his colleagues in this town of 40,000 complain of Chinese businessmen with better access to cheap imports of clothes, shoes and electronics, and deeper pockets that allow them to reduce their margins.

That sentiment is part of a grass-roots backlash against Beijing’s increasing diplomatic and commercial clout in Africa.

In many ways, the relationship between the two has never been stronger. Bilateral trade has almost doubled over the past three years, to $166 billion in 2011 from $91 billion in 2009. In July, Chinese President Hu Jintao offered Africa $20 billion in cheap loans over the next three years. China, he said, would forever be a “good friend, a good partner and a good brother” to Africa.

But a growing number of Africa’s billion people are less enthusiastic.”

via Insight: In Africa’s warm heart, a cold welcome for Chinese | Reuters.

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