World Bank President Robert Zoellick's plan to bring
the Asian hyper-economies into the international development community
is now bearing fruit. On 3 December, Zoellick told London's Financial
Times that Chinese Commerce Minister Chen Deming showed
'not only willingness but strong interest' in 'moving some of
the lower-value manufacturing facilities to sub-Saharan Africa.'
The move is in the same vein as the US$500 billion Chinese 'Marshall
Plan' promoted by former deputy tax administration head Xu
Shanda in August (AAC Vol 2 No 10)....
(This article contains approximately 385 words)