Tuesday, May 3, 2011

China poised to pour $10bn into Zimbabwe's ailing economy

Zimbabwean government rejects concern that Beijing cash could prop up Mugabe, and says investment can turn economy around

David Smith and agencies
guardian.co.uk, Tuesday 1 February 2011 18.21 GMT
Article history

Zimbabwe could be in line for a windfall of up to $10bn (£6.19bn) from China, a potentially huge boost to its ailing economy, its ministers have claimed.

But such an investment would be likely to heighten concerns about president Robert Mugabe's increasingly warm relationship with China, which has been accused of turning a blind eye to human rights violations across Africa...

Complete article:
http://www.guardian.co.uk/world/2011/feb/01/zimbabwe-china-10-billion-economy

No comments:

Post a Comment

Please leave your feedback.