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Tuesday, October 11, 2011

CHINESE COLONIALISM

In the 19th and 20th Century European powers such as Britain, France and Holland engaged in a ruthless colonial expansionism throughout the globe, but times change and we now have capitalist China engaging in the same pattern of colonial exploitation. In poverty stricken Zambia the pattern is repeated. "Chinese investment in Africa's leading copper producer topped $1 billion last year and came with the promise of 15,000 jobs as well as an additional $5 billion investment over the next few years. Almost all of the money is ploughed back into Zambia's copper-mining industry, with only 10% invested in construction, agriculture, retail and manufacturing. It is perhaps understandable that in a southern African country the size of Texas, where almost two-thirds of the 13 million citizens live under the poverty line of $1.25 a day, economic growth is the government's priority - even if that growth comes at a cost." (Time Magazine, 19 September) The so-called communist Chinese government once railed against the evils of colonial exploitation but now it enthusiastically engages in it.RD

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