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Trade - Editor, 14 January 2008

Implications of African China Business Links (Part 2)



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Implications of African China Business Links (Part 1)

How China Business Stacks Up in Social Development

China business has an unfair share of the global image of the country. Shanghai, and Hong Kong after its return to its rightful home country, leads a string of urban centers that have become icons of rapid development and material progress. The truth is that social development and effective governance have also kept pace with China business. The country and all those who deal with it, experience the benefits of sustained and all-round progress, at unprecedented rates. Individual rights do not hold center stage, but the majority enjoys fruits of progress. The system is remarkably successful in management terms.

The China business impact extends to governance and to organizations that do not work for profits alone. The unifying thread is to manage resources for the public good. Relative progress of the undeveloped parts of the country, compared with its neighbors, stand in stark demonstration of the effectiveness of the China business approach. Lhasa is a most striking example of this phenomenon. Though His Holiness the Dalai Lama and his supporters may have their grievances and issues, the fact is that the China business end of the plateaus and plains around the Himalayas is decades ahead of the Indian, Nepalese, and Bhutanese sides.

Global and Future Implications for China Business Stakeholders

Large swathes of the world, from the Korean peninsula to the far reaches of South America languish in poverty, ignorance, and disease. Many of them have benefited by toeing Washington lines in terms of generous loans, immigration and textile quotas, vacation bookings, and duties in the streets of Iraq. They are dramatic contrasts to countries on the African continent which supply energy, minerals, and consumers for China business. Beijing acts as a comprehensive trading partner, respecting prerogatives of the African people, while investing generously in their infrastructure, social security, and security.

China business is not altruistic. It is also not divorced from the guidance and influences of Beijing. However, the political establishment is careful to segregate China business from other aspects of international relations. Commercial propositions are dealt with on merits, though China business does not operate with short-term or selfish interests in mind. China business advantages do not come packaged with conditions of support for any particular line of political thinking!

Trade

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