OECD welcomes China's role in Africa
December 10, 2007 00:00:00
LISBON, Dec 9 (Xinhua): Increased interest in Africa by emerging economies such as China and India is good news for the continent, said an official of the Organisation for Economic Cooperation and Development (OECD) yesterday.
"It is a major event and good news for Africa to have new players entering in the playground," said Javier Santiso, OECD chief development economist. He said criticism on China's approach to Africa is unfair.
"There is a lot of bashing exercise on relations between China and Africa. One criticism is that there is free riding by China in Africa," he said, referring to criticism that China focuses its activities on energy and raw materials.