This maximization of the resources in Africa has raised the economy of China by around 10 percent (Lash, pr 7). Te situation is different when it comes to the United States. Te United States bases its investment on the ability of the country to pay back in certain conditions. I most cases the United States strikes deal with state government instead of venturing into private investment. Te private investment China undertakes enables the country to contract with other private companies who are in need of foreign resources. I words O’Malley & Beijing contracting with private companies enables a nation to capitalize on the investment done by government investors (par, 6.
Te move to invest in Africa has increased the market of goods from China. 50 percent of electronics produced in China find their market in Africa. Wth a rising global competition on market, Cina is doing a well calculated strategy to ensure that in secures the African market. Cmmercial analysts argue that Africa demand on manufactured goods is increasing as the continent is growing towards achieving full industrialization.
to Lash, i is high time that investors realize the potential that Africa has on the global market (par 3). Cina has realized the potential in Africa and the continent looks to capitalize on it. Te significance of this investment has been witnessed in the steady growth of China’s economy. Te United States has not invested heavily in Africa but mostly in the Euro zone. Te euro zone has great potential but with a blur financial future. Te current condition in the euro zone has forced the United States consider bailing out its largest investment.
Te debt in the euro zone is slowly impacting negatively in the commercial status of the United States. Tis difference in investment has a lot of significance in the battle of supremacy between the United States and China. I the investment strategy China has a greater potential of a strong financial nation than the United States. I support of the United States analysts argue that the commercial policies in the United States is highly dependable than the policies used in China. Ulike China, goods produced in the United States are of high quality.
Te goods from United States have gained so much global acceptance than goods from China. Te New York Times argues that the substandard goods produced in China have a large market because of their low...
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