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Home > Sanctions against Chinese firms causing jitters

Contributor [1]
Friday, January 23, 2009 - 02:00
Categories: 
Emerging powers in Africa Watch [2]
Issue Number: 
416 [3]
Article-Summary: 

The World Bank’s decision to shut out four Chinese firms from taking part in any of its projects around the world is likely to draw a cold reaction from African countries, many of which have turned to the Far East for economic partnerships. Political analysts say the World Bank’s move against the firms – three of which have lucrative infrastructure contracts in Kenya – is bound to be interpreted as a move against China’s growing political and economic clout in Africa by Western economic powers.

Category: 
Global South [4]
Oldurl: 
http://www.pambazuka.org/en/category.php/africa_china/53496 [5]

Source URL: https://www.pambazuka.org/node/52102

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[5] http://www.pambazuka.org/en/category.php/africa_china/53496