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Academics find holes in China's Marshall Plan

Debate within China has been raging for some time over the solution to the problem of slumping exports. One of the more controversial ideas that has been floated is a ‘Marshall Plan for Africa’ (AAC Vol 2 No 10). The idea is far from coherent, with several protagonists advocating a variety of strategies. The inchoate plan argues for the creation of a US$500 billion fund for developing countries in an effort to boost living standards and create new markets for Chinese products....

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