Compare the nature of the colonial rule over china and india
Answers
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.
The prospects of increasing oil and gas exports too does not offer much hope as they need not necessarily translate into greater prosperity given the fundamental differences between the sparsely populated oil-exporting states of the Middle East and the African oil exporters with larger populations.
As a result, the continued concentration of commodities and natural resources in Africa’s export basket raises questions over whether increased trade will boost the continent’s economic prosperity.