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Strategies & Market Trends : Africa and its Issues- Why Have We Ignored Africa?

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From: TimF9/6/2007 2:22:24 AM
   of 1267
 
Zimbabwe: China Withdraws Support for Mugabe Regime

I've just read a headline I've been anticipating for some time.

China, Zimbabwe's biggest trading partner and source of aid (in no small part because the rest of the world has embargoed it!) announced it will cut off all non-humanitarian support for Robert Mugabe's regime according to Lord Malloch Brown, Britain's foreign minister.

This is BIG NEWS, at least from where I'm standing.

China's also gotten tougher on Sudan of late. Perhaps the powers that be in Beijing believe they might gain more by playing better with the international community.

At the very least, they can smell change in the air. Zimbabwe's no longer bankable, no longer a country in which to make long-term investments in industries or in people. Politically, I get the sense that things could turn in any number of directions at any moment.

This isn't the Cold War anymore. China was cozy with Zimbabwe and sold them all the neat internet filtering and radio jamming technologies its own government so enthusiastically employs. But it was never about ideology. It was about strategic interest. And for whatever reason, China's decided it's no longer in its interest to throw its weight behind Robert Mugabe...

jenbrea.typepad.com
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