Friday, May 18, 2007

China pledges $20bn for Africa

'China intends to provide about $20bn in infrastructure and trade financing to Africa during the next three years, eclipsing many of the continent’s traditional big donors by a single pledge.'

This article might not seem entirely germane to the civil-military question, but in light of the renewed US focus on Africa through AFRICOM, the Chinese have upped the ante in one foul swoop, and through civilian, financial means.

China's moves haven't gone unnoticed by other donors. 'The World Bank has accused China of financing projects rejected by others because of environmental concerns and rights groups say it lends without regard to standards on governance or corruption.' Sour grapes? The real concern, beyond mere competition, appears to be that China's preference is towards bilateral and not multilateral development initiatives.