After drawing a red line for Japan in the South
China Sea last June,China
is now telling Japan to stay off its second
continent, Africa. Ideologically that is.
In a recent statement, following the Tokyo
International Conference on African Development (TICAD) held in Kenya, the Chinese Ministry of Foreign
Affairs accused Japan of “attempting
to impose its will on African countries to gain selfish interests and drive a
wedge between China and African countries.”
In essence, China is telling
Japan to stay off Africa, its “second continent” (to use Howard W. French’s term).
China’s and Japan’s race to
expand their presence in Africa is good news for investors, as it will help
Africa’s frontier economies like Nigeria and Kenya catch up with emerging
markets of Asia and Latin America in a globalizing world.
But it could be bad news for Africa if it ends up as another form of
colonialism that exploits rather than develops the resource rich continent.
For years,
globalization – the increasing integration and interdependence of
national and local markets – skipped Africa. For a number of reasons:
poor infrastructure, low income, and political instability — to mention but a
few.
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