Harare — Trade volumes between China and Africa have weakened by 30,5 percent in the first half of the year as the global economic recession takes its toll on exports from the continent.
The Commercial Counselor in the Chinese Ministry of Commerce, Department of Western Asia and African Affairs, Xie Yajing said lower resource prices coupled with lesser market demand from China has seen trade volumes easing to US$37,07 billion in the first six months of the year from US$48 billion in the first half of 2008.
"Since 2000, average annual growth of China-Africa trade has averaged 3,5 percent. However, since most of Chinese imports from Africa mainly consists of natural resources such as metals and oil, whose prices have weakened significantly since mid 2008, trade figures lowered in the first half of the year," she said.
China imports tobacco from Zimbabwe, coffee from Uganda, wine from South Africa and olive oil from Tunisia.
In 2008 China-Africa trade reached US$106,8 billion twice as much that of 2006 and 10 times the figure for 2000.
Of the US$106,8 billion, US$50,8 billion was in the form of exports to Africa with US$56 billion consisting of imports from Africa.
Yajing said: "In the first half of 2009, Chinese foreign direct investment to Africa stood at US$552 billion up 81 percent from the same period last year. The direct investment covered areas that included trade, production, processing and resources."
Responding to a question on substandard Chinese products flooding Africa, the Counselor appealed to African governments to help in ensuring that only products of good quality reach the continent, at the same time expressing concern at counterfeit products being dumped on the continent.
"We are aware of this problem and we are doing everything we can to maintain the highest standards in production of goods," she said.
"It is not the intention of the Chinese government to encourage dumping of goods. However, since China is a very big country, we cannot do this alone and we would need the importing countries to help us in this regard through their respective standards associations."
Yajing urged African countries to exploit the duty-free and other trade preferences put in place by the Chinese government.
China has since granted a duty free preference to 500 products from 31 African countries, but the uptake of this facility, meant to boost trade between China and other Africa countries, has been slow.
"In bid to further promote trade relations between us, we are also looking at increasing the number of products that can be exported to China duty free," she added.
Since 1956 China has helped 53 African countries with over 900 projects that cover a wide range of areas.
China has also trained nearly 30 000 professionals from African countries to date and reduced or exempted parts of the matured debts for 33 heavily-indebted poor countries and the least developed countries on the continent.
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The bridge of your flowers.
A cold wind calls to mind the love for a tender decoy, while my delicate dream invents in the candle a reflection of love.
Francesco Sinibaldi
John 10:10
The thief (D-Evil) comes to steal,kill, and to destroy: I (Jesus Christ) have come that they might have life, and that they might have it more abundantly.
[Daniel 11:14 ]] And in those times there shall many stand up against the king of the south(AMERICA / BABYLON ): ALSO the ROBBERS OF OUR PEOPLE shall exalt themselves to establish the vision; BUT THEY SHALL FALL !
INFERIORITY = UNEQUAL EXCHANGE ANY KIND OF EXCHANGE MUST BE AS EQUALS
Currency Exchange is designed to puff up certain peoples and nations over others. The numbers are constantly telling some that they are inferior to others. The problem intensifies when those being manipulated by this financial scam buy in to this wicked scheme.
Whats the solution to INFERIORITY CURRENCY EXCHANGE ? Stop giving away our souls one piece of money ( dollar , pound, franc, rand, deniro, rupal, euro, Chinese renminbi, rupee, Russian ruble,etc..) at-a-time .
Do research on what price your product gets in the so-called First World countries. And demand that price. This will not work unless people at the local areas do this together. Form Co-Ops and agree to charge the prices you deserve.
2) INFERIORITY = Pay by Time
There is another system used to oppress people that feeds the business owners with a lust for MORE profit. One year they may have profits of 50%, the next year they may have profits of 100%, the next year their profits may only be 75%. The system in the world will consider that going from 100% profits to 75% profits is bad for business.
How is that bad ? Profits are profits ! Many businesses have different levels of pay for the same workers.; levels such as :
a) Top Salaries Private and only known to each individual workers b) Medium Salaries Private c) Lower Salaries Private and only known to each individual workers d) High Hourly Wages e) Medium Hourly Wages f) Minimum Hourly Wages
I suggest that EVERY WORKER SHOULD BE PAID A LIVING WAGE. The Minimum Wage is like a financial ball and chain ; only giving those receiving it just enough to live to see the next day.
The Living Wage allows workers to live, invest, spend, save, and thrive. We can dream about having our own businesses , then wake up and attain our dreams. This is great for the businesses that pay Living Wages. For this creates new customers and new generations of customers.
As long as the system of Living Wages is in place, there will be a thriving economy and a blooming world full of optimistic activities. But it will only happen when business owners see the benefit of paying more pennies to make more dollars ! Which of you business owners will have the insight, recognition, roots, understanding, initiative, moxy, & compassion to make the step most are afraid to make.
John 10:10
The thief (D-Evil) comes to steal,kill, and to destroy: I (Jesus Christ) have come that they might have life, and that they might have it more abundantly.
[Daniel 11:14 ]] And in those times there shall many stand up against the king of the south(AMERICA / BABYLON ): ALSO the ROBBERS OF OUR PEOPLE shall exalt themselves to establish the vision; BUT THEY SHALL FALL !
INFERIORITY = UNEQUAL EXCHANGE ANY KIND OF EXCHANGE MUST BE AS EQUALS
THE TRUTH ABOUT DIAMONDS
Did You Know That The Robbers Have Warehouses Full Of 55 Gallon Drums Each Full Of Raw Uncut Diamonds ?
The Wicked Are Using The Same Schemes On Us. : 1) They Hoard Riches ; Controlling The Supply So Well Think The Supply Is Low 2) This Scheme Helps Them To Get A Higher Price & Deceives Most Of Us Into Believing That Things ( Such As Diamonds, Gold, Oil, Etc..) Are In Short Supply & Even Due To Run Out.
Diamonds Are In Abundance And Their Supply Is Being Controlled By Persons Under The Control Of Spiritual Wickedness In High Places (Ephesians 6:12) .
We Saints Serve An Infinite God, What He Placed Here On This Earth For His Children Is Also Infinite. When You See A Volcano Or Magma ; The Liquid Land Flowing Out Of Volcanos, Think Of Growth. The Earth Is Steady Growing.
Once God Settles Things With The Rightreous & Un-Righteous . [Definition Righteous Means The Desire To Do Right ]
Diamonds Are In Abundance And Their Supply Is Being Controlled By Persons Under The Control Of Spiritual Wickedness In High Places (Ephesians 6:12) . [http://janineroberts.org/]
1. The Bakken Oil Field Find
2. 55 gallon drums fulls of unprocessed diamonds.
* These are just a few of the suppressed world riches this beautiful world created by God (Jehovah, Father of Jesus Christ)..
3. Minister Lindsey Williams has known for 30 years of a major oil find in Alaska.
* He says that he sat in on meetings of the rich and powerful. These men decided not to use this oil to help America.
* Beware Africans, the wolves of deception are always around riches.
* Hosea said we perish for two reasons. Most people only remember one reason why we perish.
- Hosea said MY PEOPLE PERISH FOR LACK OF KNOWLEDGE
- AND because they REJECT KNOWLEDGE
- In other words, they DONT KNOW & THEY DONT WANT TO KNOW !!!!
4. For those who want to know I suggest you guys who can get the Internet do these things :
a) Listen to broadcasts like : Alex Jones (Infowars), Derry Brownfield, The Power Hour
(Joyce & Dave), Jeff Rense, and other broadcasts on the Genesis Communications Network.
b) Heres an appetizer of information on the subjects I have just written on :
Do a search use IX Quick search engine .They dont record your computers address ; protect your privacy [ http://ixquick.com/]
Here are three(s) separate subjects that I mentioned that you can search for
(i) Bakken Oil Field Find
(ii) Lindsey Williams (YouTube videos)
(iii) Janine Roberts :Glitter & Greed : The Secret World of The Diamond Cartel
ANOTHER SUGGESTION IS FOR THOSE LIVING IN THE CITY TO POOL THEIR RESOURCES TOGETHER AND MAKE NEIGHBORHOOD COOP GREENHOUSES . HERE YOU CAN GROW SOME KIND OF FOODS AND NOT BE TOTALLY DEPENDENT ON GROCERY STORES.
Our only enemies are in Hell , waiting for their life-sentence of damnation.
You are in my prayers. Pray for each other too
Have Faith in God and Love for each other. May The Lord God Bless You real good
The Swine Flu Vaccination Hoax - Explained URL [http://www.youtube.com/watch?v=SbFxV_C8Yw4 ]
[Check Out :
3) Who Brought The Slaves To America ? URL = [ http://www.youtube.com/watch?v=JuzhnKy63io ] Or [http://wideeyecinema.com/?p=911]
WAKE UP !!! STAY UP !!!
[http://www.infowars.com/infowars.asx] / [gcnlive.com] / [http://alexjonesringtones.net/] Life Is A Game. Have Fun . Luke 18:17 - Isaiah 11:6