Word: china
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Dates: during 2000-2009
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...over the past decade, and will likely see 3% to 4% growth in 2009 - impressive in the current global environment. GDP per capita in Africa is similar to that of India and, like India, the population in Africa is growing and will be similar in size to China's population in several decades...
...Africa Rising, says there are 50 million to 150 million economic élites in Africa with similar spending power to middle classes in the West. More importantly, there are 350 million to 500 million people in the African aspirational classes - from households with stable jobs - that resemble counterparts in China and India being courted by Western firms. These African aspirants drink Coca-Cola, want mobile phones and yearn to own a car or motorcycle. The West focuses on the bottom half of Africans living in appalling poverty; Beijing is looking at the other half who might soon buy Chinese-made...
...backlash against the Chinese presence. Corruption is serious, institutions are weak and political risk in various African countries remains high, meaning the possibility of social and economic breakdown is real. No one will bet their house on continued growth in many African countries. But the West should take note: China has a plan to seize the advantage should the African consumer take flight...
...epic story of China's modernization has often been told in numbers. Once dormant, insulated and ravaged by war and social upheaval, China is now the world's third biggest economy with more mobile-phone users and, by the end of this year, more car sales than anywhere else on the planet. But the story behind those numbers, of the coal miners and assembly-line workers, of the parents and children they've left behind and the arduous journeys made out of sheer desperation to find work, has rarely been given the same attention as the country's impressive economic...
...Tokyo-based Swiss photographer Andreas Seibert set out to document the lives of some of the 130 million Chinese migrant workers who, through their toil, help make China the economic powerhouse it is today. Over the next six years, Seibert traveled to a dozen Chinese provinces and captured images of construction workers, waitresses and scavengers, among others, many of whom he says live a precarious existence due to hazardous working conditions or shady employers. Seibert's strength is in his long-form documentary storytelling, such as when he follows a Mr. Zhou, a solar-panel-factory worker...