It's 'Amazing Africa Season' on BBC Knowledge this week. In case you hadn't noticed it's been 'amazing Africa season' in China for years. [indicative perhaps of how far behind the curve the western world now finds itself....] China's quest for resources knows no bounds and like good subjects it's STD practice to show them the way.. Nevertheless, moving forward, some will say that China's influence on Africa's infrastructure has been positive. Time will tell.
Africa's dependence is established. But what of China? Recent data shows that manufacturing activity expanded in May but at its weakest pace in three quarters. New orders are declining. Our mother ails... or does she?
China recently tightened its monetary policy, stirred the pot and 'turned down the heat' on inflation concerns. Chased from the kitchen, Western penchant for fast food screamed foul. Temporarily, commodity prices sold off....
Connoisseurs know, however, that the freshest resources cooked slowly, make the finest dish. A 'kitchen-sneak-peek' will prove that 'Mother knows best'.
*Zun zhong - respect
Africa's dependence is established. But what of China? Recent data shows that manufacturing activity expanded in May but at its weakest pace in three quarters. New orders are declining. Our mother ails... or does she?
China recently tightened its monetary policy, stirred the pot and 'turned down the heat' on inflation concerns. Chased from the kitchen, Western penchant for fast food screamed foul. Temporarily, commodity prices sold off....
Connoisseurs know, however, that the freshest resources cooked slowly, make the finest dish. A 'kitchen-sneak-peek' will prove that 'Mother knows best'.
*Zun zhong - respect
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