Africa, China takes over French-Lebanese can't compete in Burkina

Post date: Apr 8, 2010 10:26:58 AM

2009 - 2012 China will lend $10bn to Africa2003 Direct Chinese investments in Africa 0.4 bn Euros

2008 Direct Chinese investments in Africa 5.8 bn Euros

2010 Thousand chinese enterprises are implemented in Africa

creating 100 bn Euros external commerce for China

Burkina Faso:

Local dealers Clothes, household electric, replacement parts, automotive, lose French-Lebanese driven business against less expensive Chinese shops

China promised to open the chinese market for Africa with Tax advantages to compensate

Climate change

source in part: courrierinternational.com