02 March 2012 ~ 0 Comments

Benefits for China in New East African Resource Rush

Gabe Collins and Andrew Erickson, Benefits for China in New East African Resource Rush,” China Real Time Report (中国事实报), Wall Street Journal, 2 March 2012.

A new great game is afoot as recently uncovered stores of mineral resources in East Africa create competition between Brazilian, Japanese, Indian, Irish, Anglo-Australian and Chinese investors. …

Bottom line: East Africa’s emerging natural resource boom has not received the same attention as that of other frontier commodity plays such as Mongolia. Yet rising mineral production and consumer economy booms are likely to lure heightened Chinese investment and migration into the region, with security implications as China’s footprint grows amidst complex local politics that are likely to be unsettled further by large revenue inflows.