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African News

China Sees Risks of African Acquisitions

Thursday, February 08, 2007 2:42:44 PM
By MICHELLE FAUL

Chinese president, Hu Jintao, inspects a guard of honor during a welcoming ceremony in Pretoria, South Africa, Tuesday, Feb. 6, 2007. Hu is on a state visit to South Africa as part of his African tour. (AP Photo/Denis Farrell) PRETORIA, South Africa (AP) - Chinese President Hu Jintao is in Africa bearing the usual gifts of money for soccer stadiums and interest-free loans. But he also has brought a new recognition of the downside of China's aggressive quest for the continent's resources.

These include tensions over mounting trade imbalances, the practices of some Chinese investors and the risks of doing business with rogue states.

Unmentioned, as Beijing adds luster to Africa's renewed status as a strategic ally, is the possibility of a dispute with the United States as the two vie for resources and influence on the continent. Another source of possible conflict is China's arms sales to countries accused of human rights violations.


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