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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: sea_urchin who wrote (23413)	7/25/2005 9:31:42 AM
From: sea_urchin	Respond to of 81810

> being much more aware of China, I can see that his offer to Zim of a $1bn "loan" is only because he knows that if he doesn't give it China will In fact, this piece shows clearly that SA is now a direct competitor of China in Zim. businessday.co.za >>DESPERATE to halt discussion about his governments forced removals programme, Operation Murambatsvina, in the United Nations (UN) Security Council and to avoid expulsion from the International Monetary Fund, (IMF) Zimbabwean President Robert Mugabe has flown to China for help. Sources said at the weekend Mugabe might offer the Chinese more substantial commercial concessions, including access to coal and platinum deposits in return for help in protecting the country at the UN and from IMF expulsion. Mugabe’s growing closeness to China could put South African commercial interests in Zimbabwe under threat and may be designed to exercise pressure on Pretoria for a loan to repay the IMF, sources said. <<

To: sea_urchin who wrote (23413)	7/26/2005 3:18:08 AM
From: GUSTAVE JAEGER	Read Replies (2) \| Respond to of 81810

Re: ...China is moving into Africa wherever it can and gives aid and develops the place with no strings attached, unlike the West which insists on all kinds of preconditions. Well, the way I see it is that the West's so-called (political) preconditions are but a fig leaf to conceal the economic exhaustion of the West and particularly Europe. For most of the past 50 years, Europe's been Africa's #1 trade partner. However, as I said earlier, Europe's sluggish GDP growth (Italy's GDP is in recession for FY'05) is no match for China's. Remember the US mantra for Africa during the Clinton years? "Trade, not Aid!"... If anything, sounds like China just beat the West at its own game.... Gus