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China’s economic model irks the West. It must concern Africa too

China’s economic model irks the West. It must concern Africa too

China is wedded to “state capitalism”, and is widely viewed as a “modern mercantilist”. A former Time magazine editor, Joshua Cooper Ramo, described that model as the “Beijing Consensus.” Africa has ticked the boxes in the China model, supporting its “Going Out” strategy. Unfortunately, Africa is a rule-taker; it lacks the West’s clout to dictate terms. Yet, it must not be bleary-eyed with China. As President Kenyatta said, “Just as Africa opens up to China, China must open up to Africa”. That must be Africa’s guiding principle in its relationship with the Middle Kingdom! –Business Day/

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