Prime minister Wen Jiabao will be in Egypt next month for the second China-Africa summit amidst reports of a sharp increase in Chinese investments in the continent.
China's direct investment in Africa for the first half of 2009, excluding in the financial sector, rose by 78.5% to reach $875 million, according to officials at the ministry of Commerce quoted by the People's Daily.
"Since the start of the international financial crisis, China has maintained strong investment growth in Africa," the newspaper said.
China's investment in Africa has been mainly in energy and mineral projects to feed its booming economy, drawing wrath from critics who question the Asian giant's willingness to deal with pariah states.
President Hu Jintao promised $5 billion in loans and credit at the first China-Africa summit in 2006. The newspaper, which is allied to the government, reports $2 billion had already been lent out to 11 projects.
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IS AFRICA FOR SALE ? 1) Ive heard that one African country made a 99-year deal with an Asian country to lease a part of their land. 2) How can anyone make a deal for the next generation ? 3) What can we do about it ? 4) Organize and get those crooks out of office or any position of power.
5) Pray to God For insight and divine intervention.
6) Africa Is being targeted by many who are not respecting Africa.
7) We must stop selling ourselves and respect ourselves, our families and God.
Daniel 11:44 But NEWS OUT OF THE EAST (CHINA?) AND OUT OF THE NORTH ( RUSSIA ?) shall trouble him: therefore he shall go forward with great fury to destroy, and utterly to make away many Revelations 16:12 And the 6th angel poured out his vial upon the great river Euphrates; and the water of it was dried up, that the way of the KINGS OF THE EAST might be prepared.
[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 !
WAKE UP ! STAY UP MY BROTHERS & SISTERS !
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- Life Is a Game. Have Fun. [ Luke 18:17 / Isaiah 11:6 ]
Building Our Own Global Communications Infrastructure - GTUC FM Internet Broadcast
Black Star Media spurred by the initiative of people like Brother Keidi Obi Awadu are building Radio Stations . One Of Their Grand Projects Is In Accra , Ghana.
What can you do ? - Donate to the projects. - Become a member of [ livinginblack.com] - Use your own God-given initiative to guide your will to help. - [ http://livinginblack.ning.com/forum/topics/building-our-own-global ]
Their will be an exodus of nations leaving America ; returning to their ancestral homes e.g. Black Africans to nations like Ghana, Sierra Leone, etc ] [ .Get out of New Babylon America !!! ]
[Jeremiah, chapter 50 : 16 16: Cut off the sower from Babylon ;and him that handles the sickle in the time of harvest .For fear of the oppressing sword they shall turn every one to his people, and they shall flee every one to his own land.
WAKE UP !!! STAY UP !!!
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Life Is A Game. Have Fun . Luke 18:17 - Isaiah 11:6
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CHINA portrays itself as a steadfast friend of AFRICA and has pumped billions of dollars into the continent, especially over the last few years, often by what it calls no-strings loans or aid, and CHINA had proved it by giving step by step contribution to AFRICA in every field.
Prime minister Wen Jiabao heads to Egypt next month for the second China-Africa summit, this will strenthen the relationship between these two countries as well as bring back the solutions for African growth. =============== Shawn matthews foreclosure auctions