OZL 0.87% $23.17 oz minerals limited

double blow from chile, page-16

  1. 622 Posts.
    Here is a little bit of info of how the Chinese Communists opperate in Africa - lets hope they can't engineer it here in OZ. African concerns: But Beijings involvement in Africa also has it's critics , including the Africans. Peoples Republic of China (PRC)firms underbid local African companies & Chinese contractors often use cheap imported Chinese labour. Some contractors require 70 per cent Chinese labour, adding little to local employment or skill development. Moreover cheap Chinese goods flood African markets, especially textiles, stiffling markets the Africans are trying to develope, causing unemployment & shutting factories across the continent .Source ...Peter Brookes Heritage lecture . Into Africa : Chinese grab for Influence & Oil .26-3-2007 (just google it to read 5 pages)
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