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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (10852)	10/30/2006 11:11:31 PM
From: TobagoJack	Read Replies (2) \| Respond to of 219525

<<clash of civilizations>> is a no win. Peaceful co-existence, and peaceful rise, are more welcomed, and willing tribute-bearing sellers are gathering, without force of arms, pledging supplies, and engaging in win-win friendship. http://online.wsj.com/article_print/SB116199344901606628.html Geostrategy China Strengthens Its Ties to Africa By SHAI OSTER October 28, 2006; Page A2 Anyone wanting to find an African leader this coming week will need to book a ticket to Beijing. The heads of all but five of the continent's 53 countries will descend on the Chinese capital for the biggest gathering of foreign leaders Beijing has ever hosted. The three-day summit will highlight a mushrooming trade relationship between the world's most populous country and its second-biggest continent that is stirring angst among some in Washington. China's leadership is rolling out an enormous welcome for its African guests that hints at Beijing's grand ambitions for the relationship. The airport expressway flutters with hundreds of welcoming flags; billboards across the city have been covered with messages attesting to Sino-African friendship; and television stations are running specials on Africa tourism. China's modern presence in Africa dates to the Cold War, when it sought to form "anti-imperialist" alliances there to block the U.S. and its allies. In recent years, the focus has changed to acquiring natural resources to fuel China's galloping economy. African oil currently accounts for a third of China's oil imports -- an amount that is likely to increase, as China is expected to become even more heavily reliant on foreign oil sources. But China's trade relationship with Africa now goes well beyond oil and other natural resources. Africa also offers a largely untapped and underserved market for Chinese companies as they take steps toward becoming global players. Huawei Technologies Co., for example, China's leading telecommunications-equipment maker, has done a thriving business in Africa even as the company has struggled to penetrate more-developed markets. China's total trade with Africa has ballooned to about $40 billion last year from $10 billion in 2000. Two-way trade rose 30% last year -- faster than China's overall foreign trade -- and Chinese officials expect it to increase at least 25% this year, to more than $50 billion. China now ranks as Africa's third-largest trading partner, behind the U.S. and France. In Nigeria, Sudan, Angola and elsewhere, Beijing is seen as a more hands-off alternative to the West, which is increasingly imposing stringent environmental and social conditions on aid to African nations. World Bank President Paul Wolfowitz has publicly complained that Chinese banks ignore human-rights and environmental standards when lending in Africa. But as the gala summit will demonstrate, China shows no sign of wanting to slow its burgeoning rapport with Africa. From Beijing's perspective, it can't afford to -- especially when it comes to oil. "China's options are limited," said Zhang Zhongxiang, a senior fellow at the East-West Center in Hawaii. "As a late entrant to the international oil game, China has little choice but to strike deals with what the U.S. and others call rogue states to secure oil supplies."

To: Maurice Winn who wrote (10852)	10/30/2006 11:53:20 PM
From: TobagoJack	Read Replies (1) \| Respond to of 219525

maurice, see crush of willing sellers affecting beijing traffic, as indicated by just received e-mail via cc quote "..., Monday, November 6 is the final day of the China-Africa Summit being held in Beijing by the Chinese government, and as a result of this the traffic throughout Beijing will be insurmountable - according to existing Beijing Police Department report, several main roads will not be passable from 8:00 am to 6:30 pm or perhaps longer. Therefore, please allow me to suggest that we meet Tuesday at ...... after the meeting with our ... " unquote