What Is Fueling China's Interest in Africa?

Part of it:

With a growing population, increasing unemployment, a vibrant manufacturing sector and fast improving life-styles, China’s demand for natural resources, markets for its products and job opportunities is growing at astronomical rates. This has made it seek new sources of resources, markets and employment for its people and Africa fits the bill.

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Related article here.

Photo credit here: Chinese President Hu Jintao, left, welcomes South African President Jacob Zuma to Beijing.

If You Were to Bet on Growth, Where Will It Come From?

According to Abbott Laboratories Chief Executive Miles D. White:

... he has assembled a business in fast-growing countries that the company will count on for a big part of its growth.

"Where do you think the growth in the world is going to come from?" Mr. White asked during an interview at his suburban Chicago office, a few miles from Lake Michigan. "Would you bet on the U.S.? Would you bet on Western Europe? It's going to come from emerging markets."

The article goes on further to say:

Now, the fast-growing emerging-market economies are much more attractive. Expanding middle classes in such countries as Brazil, South Korea and Turkey are not only spending more on health care, but their rising affluence has contributed to increasing rates of diabetes, heart disease and other conditions that once had been limited to developed markets. Some governments, notably China's, are beginning to provide insurance to pay for health care.

Read the entire article here.

Graphic illustration source here.