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India Competes with China in the Scramble for Africa

The Economist | April 11, 2008

Since Africa is both a source of natural resources and an outlet for manufactures, it is an area where India and China's needs overlap. ++ China's two-way trade with Africa is higher, yet it has been charged with neo imperialism and blamed for trading with dictators. ++ India is drawing nearer by dealing with Africa's ethnic Indians and labeling its integration of the economy "contribution to development."

 

 
Tags: | China | India | Africa | natural resources | trade |
 
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