China Conquers Africa

From "Der Spiegel:"

China imports everything the continent produces: tropical hardwoods, oil, metals and even a small amount of cotton. Africa's five most resource-rich countries - Angola, South Africa, Sudan, Equatorial Guinea and Congo - account for more than 80 percent of all African exports to China.

In return Africa gets cheap, mass-produced items, basic consumer goods like household devices, television sets and clothing. From South African supermarket shelves to Uganda's flea markets, the products with the strange characters printed on their packaging are available everywhere. In fact the flood of cheap Chinese goods has already destroyed the textile industries in Swaziland and Lesotho.