Japan scrambles to catch up with China’s yuan diplomacy in Africa

Special to WorldTribune.com

Compiled by Miles Yu, Geostrategy-Direct.com

There is a New Great Game in Africa and this time it is China and Japan that are competing for influence and favor.

Japanese Prime Minister Shinzo Abe greets Sierra Leone President Ernest Koroma and other representatives from African countries prior to the Tokyo International Conference on African Development in Yokohama.

The primary tool in this contest is the extraordinarily generous economic aid packages for impoverished African nations.

This is not new to both economic giants as Beijing and Tokyo have long been on this chase. However, their approaches have been decisively different.

For China, the main modus operandi is to focus on resource-rich nations, big or small, across the continent and dole out large aid packages without any political, human rights or ecological conditions.

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Japan scrambles to catch up with China’s yuan diplomacy in Africa, resource-rich African nations, Shinzo Abe

Japan scrambles to catch up with China’s yuan diplomacy in Africa added by World Tribune on June 11, 2013
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