China’s rush for resources in Africa is good for both parties, argues the author of a new book about Beijing’s “global shopping spree.”
“The approach has been incredibly symbiotic,” said Dambisa Moyo, author of Winner Take All: China’s Race For Resources and What It Means for the World on Wednesday’s edition of Morning Joe. She went on:
It’s been incredibly encompassing. So they go to these countries, and they offer them what these countries want in return for gaining or accessing these resources. And it works beautifully. A Pew survey a few years ago went to Africa and asked the Africans, “What do you think of the Chinese? Do you like them? Do you hate them? And how do you think of them compared to the Americans?”
And by wide margins—55%, 98%—the Africans said, “We love the Chinese. They’re improving our livelihoods, this is really meaningfully important, and by the way, they’re better than the Americans.”
Secretary of State Hillary Clinton, among others, has warned that China’s activity in Africa may be the harbinger of a “new colonialism” that would benefit the leaders of African countries while leaving ordinary citizens behind. Moyo dismissed such concerns, saying of China, “I think they have absolutely no interest in acquiring political power at this time. … This is all about economics.”








