Outstanding records in all fields prove again that 2010 will definitely be the year of China. ++ Beside the 10 Chinese growth rate outrunning the timid 3,9 world GDP, China is surprisingly enough the world’s first importer in almost all raw materials. ++ What is traditionally considered a weakness turns out to be another strength. ++ Importing far above its own needs, China can use its
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The global economic crisis is in fact good news for aid-dependent Africa. ++ It is an opportunity for the continent to move towards the market-driven interventions which have enabled the rise of Brazil, India and China. ++ “Foreign aid has been the biggest single inhibitor of Africa’s growth,” fostering corruption, dependency and bureaucracy. ++ Focusing on the Chinese market
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