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Actually, the chinese are comfy bribing their way in african nations. And they are changing the continent quite fast. It's the unreported story of the decade.
by alecco 11y ago
Actually, the chinese are comfy bribing their way in african nations. And they are changing the continent quite fast. It's the unreported story of the decade.
Check out this lecture:
https://www.youtube.com/watch?v=ycHsaGOModU https://www.youtube.com/watch?v=ycHsaGOModU
- seanmcdirmid 11y agoBribing a corrupt government doesn't make that government better for business in general. It doesn't create permanent change away from the status quo that would lead to more sustainable development, rather, China gets some minerals for cheap while a despot can buy more BMWs.
- chipsy 11y agoI see Africa now like China in the late 80's or early 90's - the change is there, but the perceptions haven't shifted yet and anyone doing business there faces a situation of chaotic progress. A good place to be if you like extremes of risk/reward.
- jpatokal 11y agoExcept that "Africa" is way less coherent than China. There's not a lot in common for doing business in, say, Rwanda (notionally clean & business-friendly), Eritrea (autarchic dictatorship) and DR Congo (basically total chaos).