Are China and India the new colonial powers in Africa?5 min read 28 Jun 2016, 01:52 PM IST
While China and India's trade with Africa does resemble the traditional model of colonial trade, it extends to investments and projects that aim to cater local demand
Africa has seen increasing trade with China and India since the 1990s; however, the pattern of trade has not changed much despite more diversification in trading partners. The continent’s trade with India and China closely resembles that in colonial times: Africa exports raw materials to the emerging Asian giants, and imports manufactured goods from them.
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