China is just doing business with Africa.China is not God,China just respects Africa No one can help you if you don't work hard. All african brothers should get together and respect each other and work hard. China is also invaded and colonized by others,we can understand the emotion of Africans to your homeland. We should cherish peace and work hard,let's make a better world for our kids.
In fact this brilliant lady D.Moyo has always praised Chinese approach to African than the west. She always talks about investment on the continent that have done well economically for both China an Africa rather than aid from the west that has damaged the most of Africans and in fact put and maintain dictators in place and expand conflict and dependancy. I love her so much, she is brilliant hope we could atleast more wemen with similar views and knowledge. Africa should invest much in education and empower its youth to be able to compete globally. However they are more positive signs in Africa than any other continent on the planet specially in the last decade.
I think that's what she's saying bro. She's agreeing with China business with Africa. Africans know china only wants to do business which is why they're in favor of working with you compared to the west.
African value is recognised by China because it has the hallmarks of the old China. I hope Africans will make the right choice in its development choices for the people. Above all Africa should not allowed itself to be manipulated by contesting powers for politics . Africa needs stability and predictability of policies in order to achieve sustainable development
You didn't listen to what she actually said, you just heard what you wanted. She said that there are more poor people in China than there is in Africa. And given that China's population is bigger than the whole of Africa, that's probably correct.
Fast forward 5 years later China has taken over Zambia national electricity company and buying off chunks of the African nations because of failed debts... What still holds water is the concept of dead aid... Not change of hands from which aid is received .... Visionary Book
Before you think of making an ignorant comment at-lease have the decency to carry out research. 6 of the 10 fastest growing economies in the world are African, that's because we've moved away from dependance on western and Asian products to manufacturing our own finished goods and services, aided by finances gained from trade in natural resources. Natural resources used to account for much of Africa's GDP in the past but now its not the case, this is evident in Africa's fastest growing economies
All kinds of corruption going on currently in the continent have very traceable roots, ripping those roots apart and sweeping them out of the continent permanently will fix the problem.
Chinese and Africans should learn from the colonial past, in which there was no mutual respect, just exploitation and enslavement. We should join hands to create jobs, better the education and establish a good infra-structure for the benefit of the poor. Of course, the Chinese need natural resources, but we have to learn to pay a reasonable price, and contribute to the common welfare for the African nations, which grant us the rights to tap the needed resources sustainably, not exhaustively.
It's actually easy to have impressive growth when you are dirt poor. I'll be impressed when Africa has a GDP of $10000 per capita and still growing strong.
Google - can you add a way to turn off these comments (or at least not show them)? They are mostly off topic and often scatological, for the most part a complete waste of time.
Africa Africa Africa....u are ur own worst enemies.....education..innovation...prosperity...abundance is still eluding you...the problem is not Africa the problem is the africans
I support @dambisamoyo view on donor aid 💯, but I wonder what she thinks about the default on coupon payments for the 750 million euro bond that she thought was great then. This bond in addition to others that government got has resulted in a stagnate Zambian economy as we speak in 2024. Its had to be restructured under the G20 common framework. So if not aid and if not capita markets (eurobonds), what then is the issue with Africa?
Moyo mentioned that "there are more poor people in India than there are in Africa. There are more poor people in China than there are in Africa." That is true but there are 1.3 billion people that live in China and more than 1 billion people live in India, in comparison only 700 million people live in Africa. There are probably more poor people in the United States(population of 300+ million people) than there are in Zimbabwe(pop. of 13 million people) too, one of the poorest countries in the world. Doest it mean that the poor in the US needs more financial aid/development programs than the poor in Zimbabwe?
China is doing well with Africa and is more futuristic like for instance it has really changed Kenya our country eg roads, bridges, buildings and electricity. That our president made an agreement with the Chinese to change our country
Africa has managed to lower poverty by 3% in 27 years while all asians countries are making great strides.Let's hope the government focus on the issue. But Africans would buy anything because they are really clueless.
Miss/Mrs Moyo China is in Africa primarily to secure its own economic interest. China needs Afrika more than Afrika needs china. The manufacturing sector is the main engine of growth for the chinese economy. China is in the same position as the US where both countries are highly dependent on africa for "strategic resources" that they don't have in commercial quantity. The way forward for Afrika is that it must move itself from being primarily an "Extraction Site" for its natural resources or making vast tract of its arable land to outsiders for their food security. Afrika MUST become "industrialized" to secure the future of the people on the Afrikan continent. However this objective will not be attained under a "neo-colonialist" type of leadership ((leaders who facilitate the control of Africa and other third world nations by their former colonial masters socially, politically and economically). Having trading relationship with china is not enough Afrika needs less corrupt and serious "forward thinking" leaders to address the deficit in military , technological and economic power between Afrika and Europe (including america) AND Asia. Could america and its western allies use the UN to invade Libya to overthrow Gadaffi if the so-called independent afrikan states were in a more advantageous position ? Do you honestly believe that the oppressors and invaders of AFRIKA are going to commit their financial resources and human capital to enable afrika to become a "super power". Power is never given, for power is based on "INEQUALITY"-someone having an advantage over you. . Over the past 2000 years Afrika has had to contend with THREE major alien threats-the enemy from the desert (the Arabs who invaded Afrika during the 7th century AD), the caucasians from across the sea who first invaded Kemet/ancient Egypt in around 1650 BCE (by a people called the hyksos), followed by the greeks and romans and back again in the 15th century to the 21st century by various ethnic groups from europe AND now the capitalistic Asians (Koreans, Taiwanese and Chinese) in the 21st century. Apart from these EXTERNAL threats Afrika has had to contend with the internal enemies from within- the academia, political parties , military, western/european religious sects, the media, business sector AND the sport and entertainment industry.Only black leaders who are Pan-Afrikanist can truly liberate Afrika from the control of these aliens (Asians, Caucasians arabized afrikans and their white Arab counterparts from the so-called middle east) and their "native lieutenants". Afrika awaits its true liberators. Finally, the KEY driver for ECONOMIC GROWTH and cultural change is HUMAN CAPITAL DEVELOPMENT-this was the key factor that enabled Singapore to become a developed country.
That's meaningless. It is the proportion that matters. Africa has done nothing to reduce poverty. Actually Asia on a whole was poorer than Africa some 30 years ago! Now they've managed to reduce their poverty rate by 300% while in Africa poverty rate has hardly decreased. This is why I sceptical about all these poverty talk. She is sugar coating. Always remain vigilant and serious on this issues. Cut all these optimist bullshit because they don't help you. Hard work and vigilance yield result.
Miss Moyo is delusional. Africa might have labour (i.e people) but it lacks productivity and capital. And it's rampant with corruption and weak governance.
she is not delusional, she has good ideology,Africa does not lack productivity and capitals, it is the weak governance and corruption that holds us down.
isimi kehinde Sorry, but the avg. citizen only has a basic education. So Africa does lack skills and there is no capital .. otherwise they could invest into getting high skilled workers and entrepreneurs to get the manufacturing sector going.
it doesn't matter if the you have the best of skills and believe me there is capital in most African countries, the problem is the government and corruptions.
isimi kehinde No bro, skills matter. Otherwise how do you produce products of high quality that you can sell to the west? Can you produce cars that is of the same quality as mercedes benz? Can you produce jet engines for the Airbus? Can you even produce high quality chocolate bars (no, you sell the beans for pennies, then the skilled people in the west add value and sell something they bought for $0.03 for like $3.... giving them incredible profits!)! HIGH SKILLS IS VERY VERY VERY IMPORTANT! I can not stress this enough! You are right though, too much corruptions and no accountability.
high skills is important and believe me i know highly skilled people in my country but when you can't get opportunities thanks to the corruption, no accountability and bad governance, whats the point?. it will not matter.
The Chinese are only there to take, gold, diamonds, oil, rubber, iron ore, and other natural resources from Africa. The Chinese offer loans but there is no improvement except for a few roads. Africa is being covertly colonized by Asians. They destroy but don't repair. I would make it mandatory that any company wanting to do business in Africa hire 3/4 of the workforce from Africa and not their own people. They must also train the African worker and pay them equal or more than their own workers.
Chinese only help develop Africa because it's China's target to relocate Chinese nationals to because of overpopulation in China. Even China government policy states this. My people msikie! Wachaina wajnja, maendeleo hayo ni kwa sababu wachina wenyewe wanasambaa kwnye Africa!
tdt1000 liar~we want to live in our hometowm. for me, i even don't want to stay in beijing. we chinese emphasize the concept of hometown. that is one reason we are never an invader in the long history and of couse in the future
Qi Q Never an invader? You think because I'm African I don't know about Chinese invasions of Vietnam, Tibet, and recently many islands in the Pacific that belong to other nations? Now African nations have so many Chinese streaming in that anywhere you go in Africa you see grinning Chinese. Even downstream my own village is a whole town of Chinese that sprung up out of nowhere. Every African sees this, even though the sons of corrupt government officials praise it as "business."
I strongly disagree. There's major cities that were made over night which are underpopulated. There's plenty of room in China. I believe their intentions are a lot more straight forward and good willed versus western civilization.
China is just doing business with Africa.China is not God,China just respects Africa
No one can help you if you don't work hard.
All african brothers should get together and respect each other and work hard.
China is also invaded and colonized by others,we can understand the emotion of Africans to your homeland.
We should cherish peace and work hard,let's make a better world for our kids.
In fact this brilliant lady D.Moyo has always praised Chinese approach to African than the west. She always talks about investment on the continent that have done well economically for both China an Africa rather than aid from the west that has damaged the most of Africans and in fact put and maintain dictators in place and expand conflict and dependancy. I love her so much, she is brilliant hope we could atleast more wemen with similar views and knowledge. Africa should invest much in education and empower its youth to be able to compete globally. However they are more positive signs in Africa than any other continent on the planet specially in the last decade.
I think that's what she's saying bro. She's agreeing with China business with Africa. Africans know china only wants to do business which is why they're in favor of working with you compared to the west.
Walite china is very corrupt , you will not get education from china in africa,.
only1000 stocks in africa ,shocking,
***** .......what? African isn't seeking education from china you twit.
yeh them china men opening schools and hospitlas all over africa,.
African value is recognised by China because it has the hallmarks of the old China. I hope Africans will make the right choice in its development choices for the people. Above all Africa should not allowed itself to be manipulated by contesting powers for politics . Africa needs stability and predictability of policies in order to achieve sustainable development
Good to hear a positive African voice! And what a nice change of tone about China’s activities in Africa.
well said Dambisa....The future of the African continent is bright indeed.
You didn't listen to what she actually said, you just heard what you wanted. She said that there are more poor people in China than there is in Africa. And given that China's population is bigger than the whole of Africa, that's probably correct.
Great outlook, China is definitely positioning and Africa has scale, growth and demand , great post
I love her last statement. Very true!
great speach . love it
God bless u Sister dambisa! am ur biggest cheerleader,
she's so smart! I want more
Fast forward 5 years later China has taken over Zambia national electricity company and buying off chunks of the African nations because of failed debts...
What still holds water is the concept of dead aid... Not change of hands from which aid is received ....
Visionary Book
Before you think of making an ignorant comment at-lease have the decency to carry out research. 6 of the 10 fastest growing economies in the world are African, that's because we've moved away from dependance on western and Asian products to manufacturing our own finished goods and services, aided by finances gained from trade in natural resources. Natural resources used to account for much of Africa's GDP in the past but now its not the case, this is evident in Africa's fastest growing economies
All kinds of corruption going on currently in the continent have very traceable roots, ripping those roots apart and sweeping them out of the continent permanently will fix the problem.
great economists
Chinese and Africans should learn from the colonial past, in which there was no mutual respect, just exploitation and enslavement. We should join hands to create jobs, better the education and establish a good infra-structure for the benefit of the poor. Of course, the Chinese need natural resources, but we have to learn to pay a reasonable price, and contribute to the common welfare for the African nations, which grant us the rights to tap the needed resources sustainably, not exhaustively.
best economist EVER!!!
It's actually easy to have impressive growth when you are dirt poor. I'll be impressed when Africa has a GDP of $10000 per capita and still growing strong.
Google - can you add a way to turn off these comments (or at least not show them)? They are mostly off topic and often scatological, for the most part a complete waste of time.
Africa Africa Africa....u are ur own worst enemies.....education..innovation...prosperity...abundance is still eluding you...the problem is not Africa the problem is the africans
Indeed😂😂😂
I support @dambisamoyo view on donor aid 💯, but I wonder what she thinks about the default on coupon payments for the 750 million euro bond that she thought was great then. This bond in addition to others that government got has resulted in a stagnate Zambian economy as we speak in 2024. Its had to be restructured under the G20 common framework. So if not aid and if not capita markets (eurobonds), what then is the issue with Africa?
Great economist
Moyo mentioned that "there are more poor people in India than there are in Africa. There are more poor people in China than there are in Africa." That is true but there are 1.3 billion people that live in China and more than 1 billion people live in India, in comparison only 700 million people live in Africa. There are probably more poor people in the United States(population of 300+ million people) than there are in Zimbabwe(pop. of 13 million people) too, one of the poorest countries in the world. Doest it mean that the poor in the US needs more financial aid/development programs than the poor in Zimbabwe?
Henrique Gobbi buddy, you wrote this a year ago. So did Africa's population really grow by 400 million in one year's time? sounds impossible...
damn, dambisa, all that beauty and brains,too
I hope in new generations of Europeans and Americans
I'm following your lead
This has proven to be true in 2020.
They're already a neocolonial power.
China is doing well with Africa and is more futuristic like for instance it has really changed Kenya our country eg roads, bridges, buildings and electricity. That our president made an agreement with the Chinese to change our country
Africa has managed to lower poverty by 3% in 27 years while all asians countries are making great strides.Let's hope the government focus on the issue. But Africans would buy anything because they are really clueless.
How is Angola 'neocolonising' Portugal? Regardless, my statement is true; Arabs and Asians did take slaves and colonize Africa, too.
Miss/Mrs Moyo China is in Africa primarily to secure its own economic interest. China needs Afrika more than Afrika needs china. The manufacturing sector is the main engine of growth for the chinese economy. China is in the same position as the US where both countries are highly dependent on africa for "strategic resources" that they don't have in commercial quantity. The way forward for Afrika is that it must move itself from being primarily an "Extraction Site" for its natural resources or making vast tract of its arable land to outsiders for their food security. Afrika MUST become "industrialized" to secure the future of the people on the Afrikan continent. However this objective will not be attained under a "neo-colonialist" type of leadership ((leaders who facilitate the control of Africa and other third world nations by their former colonial masters socially, politically and economically). Having trading relationship with china is not enough Afrika needs less corrupt and serious "forward thinking" leaders to address the deficit in military , technological and economic power between Afrika and Europe (including america) AND Asia. Could america and its western allies use the UN to invade Libya to overthrow Gadaffi if the so-called independent afrikan states were in a more advantageous position ? Do you honestly believe that the oppressors and invaders of AFRIKA are going to commit their financial resources and human capital to enable afrika to become a "super power". Power is never given, for power is based on "INEQUALITY"-someone having an advantage over you.
. Over the past 2000 years Afrika has had to contend with THREE major alien threats-the enemy from the desert (the Arabs who invaded Afrika during the 7th century AD), the caucasians from across the sea who first invaded Kemet/ancient Egypt in around 1650 BCE (by a people called the hyksos), followed by the greeks and romans and back again in the 15th century to the 21st century by various ethnic groups from europe AND now the capitalistic Asians (Koreans, Taiwanese and Chinese) in the 21st century. Apart from these EXTERNAL threats Afrika has had to contend with the internal enemies from within- the academia, political parties , military, western/european religious sects, the media, business sector AND the sport and entertainment industry.Only black leaders who are Pan-Afrikanist can truly liberate Afrika from the control of these aliens (Asians, Caucasians arabized afrikans and their white Arab counterparts from the so-called middle east) and their "native lieutenants". Afrika awaits its true liberators. Finally, the KEY driver for ECONOMIC GROWTH and cultural change is HUMAN CAPITAL DEVELOPMENT-this was the key factor that enabled Singapore to become a developed country.
I would marry her in a second!
wish you'd hook up with MMT
China will put forward Africa's growth
That's meaningless. It is the proportion that matters. Africa has done nothing to reduce poverty. Actually Asia on a whole was poorer than Africa some 30 years ago! Now they've managed to reduce their poverty rate by 300% while in Africa poverty rate has hardly decreased. This is why I sceptical about all these poverty talk. She is sugar coating. Always remain vigilant and serious on this issues. Cut all these optimist bullshit because they don't help you. Hard work and vigilance yield result.
LOL
Hey, Dambisa, do you have a brother? I am looking for a sister, could you become my lost sister?
Good works. Keep beating the African talking drum.
YOU LOOK VERY EUROPEAN WITH THESE FEATURES. YOU ARE BEAUTIFUL IN YOUR OWN WAY ;)
Africa has 730 million people, 386 million poor; China has 1.3 billion people, 172 million poor, both by $1.25 per day standard.
So what do Africans think of China?
[PREDICTABLE] You know nothing about Africa.
Aurelian Carpathia, with that name and that face it's totally PREDICTABLE
Miss Moyo is delusional. Africa might have labour (i.e people) but it lacks productivity and capital. And it's rampant with corruption and weak governance.
she is not delusional, she has good ideology,Africa does not lack productivity and capitals, it is the weak governance and corruption that holds us down.
isimi kehinde Sorry, but the avg. citizen only has a basic education. So Africa does lack skills and there is no capital .. otherwise they could invest into getting high skilled workers and entrepreneurs to get the manufacturing sector going.
it doesn't matter if the you have the best of skills and believe me there is capital in most African countries, the problem is the government and corruptions.
isimi kehinde No bro, skills matter. Otherwise how do you produce products of high quality that you can sell to the west? Can you produce cars that is of the same quality as mercedes benz? Can you produce jet engines for the Airbus? Can you even produce high quality chocolate bars (no, you sell the beans for pennies, then the skilled people in the west add value and sell something they bought for $0.03 for like $3.... giving them incredible profits!)! HIGH SKILLS IS VERY VERY VERY IMPORTANT! I can not stress this enough!
You are right though, too much corruptions and no accountability.
high skills is important and believe me i know highly skilled people in my country but when you can't get opportunities thanks to the corruption, no accountability and bad governance, whats the point?. it will not matter.
The Chinese are only there to take, gold, diamonds, oil, rubber, iron ore, and other natural resources from Africa. The Chinese offer loans but there is no improvement except for a few roads. Africa is being covertly colonized by Asians. They destroy but don't repair. I would make it mandatory that any company wanting to do business in Africa hire 3/4 of the workforce from Africa and not their own people. They must also train the African worker and pay them equal or more than their own workers.
Chinese only help develop Africa because it's China's target to relocate Chinese nationals to because of overpopulation in China. Even China government policy states this. My people msikie! Wachaina wajnja, maendeleo hayo ni kwa sababu wachina wenyewe wanasambaa kwnye Africa!
tdt1000 liar~we want to live in our hometowm. for me, i even don't want to stay in beijing. we chinese emphasize the concept of hometown. that is one reason we are never an invader in the long history and of couse in the future
Qi Q Never an invader? You think because I'm African I don't know about Chinese invasions of Vietnam, Tibet, and recently many islands in the Pacific that belong to other nations? Now African nations have so many Chinese streaming in that anywhere you go in Africa you see grinning Chinese. Even downstream my own village is a whole town of Chinese that sprung up out of nowhere. Every African sees this, even though the sons of corrupt government officials praise it as "business."
I strongly disagree. There's major cities that were made over night which are underpopulated. There's plenty of room in China. I believe their intentions are a lot more straight forward and good willed versus western civilization.
tdt1000 they don't
+Qi Q tibet....
Blacks.in.u.s.a.must.buy
African.cripto.go.to.u.tube
They're already a neocolonial power.
They're already a neocolonial power.
They're already a neocolonial power.