Print nzherald.co.nz Article http://www.nzherald.co.nz/world/news/print.cfm?c_id=2&objectid=106... 4:00AM Monday Oct 26, 2009 BEIJING - A US$7 billion ($9.23 billion) archaeologic site deal between Guineas repressive military regimen and a little-known Chinese company underscores Chinas full-throttle rush into Africa and its willingness to deal with atrocious and void governments. The deal announced last-place week by the wolfram African countrys military junta offers the company, China worldwide Fund, price of admission to Guineas bauxite and other minerals and could provide major r even offues to a government confront international isolation. Guineas soldiers overt fire on demonstrators late last month, killing up to 157, and raped women in public. Human rights groups decried the pact. Chinas politics has declined to confirm it or answer related questions, and the company withal refused to comment. In umpteen ways, the Guinea deal reflects established Chinese b usiness practices in Africa, characterised by huge investments in a still-poor continent but also secrecy and often scant regard for elbow grease and kind-hearted rights. Chinas defenders point out that other investors from the West, Japan, India and elsewhere are also major economic partners with less-than-democratic African governments.
In Guinea, Alcoa of the join States and Anglo-Australian Rio Tinto are already major players in the bauxite business. Also, China has deserted aid, loans or investment to more than 17 African nations, nearly of which do have democratic governments. only Chinas practices hav e brocaded questions about whether the huge ! sums will invalid the progress of human rights and good governance in Africa, even as they chevvy the standards of living and line the pockets of some. China has given large chunks of specie to corrupt and abusive regimes such as those in oil-rich Nigeria and Sudan, overmuch criticised over abuses in the Darfur region. For example, China has a controversial US$9 billion agreement with violence-plagued Congo....If you exigency to get a full essay, order it on our website: BestEssayCheap.com
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