Reply to "AFRICA"

On a recent segment of "Markeplace Africa" on the CNN International channel, the lady was interviewing the president of one of the major Chinese corporations currently setting up shop in South Africa.

 

I came in about half-way through ... but what I got out of what I heard was that essentially, Chinese corporations are finding that the labor costs in China are getting to be too high ... and they find "cheap labor" as well as readily available resources - many of which they are the worldwide leading consumers of - so it is making more economic sense to conduct business there, where they can be both mined and refined without the additional costs of exporting them back to China to do for themselves.

 

Their argument is that they are benefiting the local regions and communities with jobs and investments and infrastructure.  (But, as we know ... the money is usually given to the governments and rarely "trickles down" to the rest of the population.  )  But ... they're really just taking advantage of Africans the way they've done to their own people for generations.

 

And their outsourcing their jobs to other countries (they're also infiltrated South American countries in the same way right now!!) for cheap labor just the way major corporations here in America are outsourcing to China for the same reason.

 

It's all a vicious cycle where Black people get the short end of the stick regardless. 

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