China's investment, clout in Africa cause concern

Author: Laurie Goering, Chicago Tribune, Published on: 19 February 2006

All told, Chinese investment on the long-neglected continent has mushroomed from $10 billion in 2000 to $18 billion in 2003...China's willingness to deal with rogue regimes, to overlook public corruption and to push ahead with projects regardless of safety and environmental concerns risks African lives and undermines African institutions and Western efforts to promote good governance, analysts say. [refers to Mulungushi Textiles plant, NFC Africa-operated Chambishi copper mine]

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Related companies: Chambishi Metals China Non-ferrous Metal Industry’s Foreign Engineering & Construction (part of China Nonferrous Metal Mining) China Nonferrous Metal Mining NFC Africa (part of China Nonferrous Metal Mining) Zambia-China Mulungushi Textiles (joint venture Qingdao Textile & Zambia Ministry of Defence)