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Obama sees no threat in China rivalry for Africa business

Does not feel threatened in the United States, China and other emerging powers in Africa's trade and investment growth, U.S. President barack Obama said on Saturday.
Suggested that he steal a march over the United States has made China to do business with Africa has been plagued by Obama's swing by mainland, three countries but he said that for all to improve China's participation.
Obama said: "I don't think the threat of it, I think this is a good thing, at a news conference during a visit to South Africa.
More and more countries in Africa, more is the world's most underdeveloped continent can be integrated into the global economy, said first African-American President of the United States.
"I want you to play in Africa. The more the better."
Since the start of new century, China has greatly expanded its coverage in Africa. Overtake the us as Africa's largest trading partner, in 2009, in February by the U.S. government accountability office (GAO) reports show.
How many sales to China mostly from Africa trade advantage. In 2011 in mainland China export exports nearly three times the level in the United States.
When it comes to investment flows, however, the picture is different. Data shows that from 2007 to 2011 were greater than China's foreign investment in the United States into the region, said.
"China as an investor, the role of donors and financiers is not generous," of Johns Hopkins university scholar Deborah Brautigam, wrote recently in China.
"While the western countries worry that China is becoming more and more important role in Africa, only in the United States pay more official finance to African countries than China did in 2010."
Even so, China's influence looms in China, partly because it has been in its courtship so aggressively.
Beijing and Washington is supposed to be partners in Africa, in order to promote peace and development, said Chinese officials after his speech, Mr Obama's comments.
Obama stopped in March, South Africa and Tanzania to visit mirror through so named after the new Chinese President xi jinping, it can be seen as the continent's competition between the two superpowers, the state-run xinhua news agency said.
"This mentality is belong to the past, it is caused by western bias opinion, China's role in Africa," the reporter said. "It also missed in Beijing and Washington, d.c., rather than destroyed by rivals of each other's efforts, can actually work in promoting African development partner's perspective. "
Complacent?
Mr Obama's trip to Senegal, South Africa and Tanzania will lead to four the number of countries in sub-saharan Africa in the past four years, the US President has visited. In his first term, he briefly stop in Ghana.
By contrast, China's principal, vice principal visited 30 African countries in the same period, said Kimenyi mu wang zhen ji, the Brookings Institution in Washington (Brookings Institution), a senior researcher.
Also has in a sense, the United States may be complacent.
"Have to really get the presence of the United States since 1994, the company take advantage of new opportunities," halon Bhorat, said in a professor at the university of Cape Town, South Africa recently.
"So, you have seen into other emerging markets, emerging markets such as South Africa and the United States, has a foothold, also didn't do enough way to take advantage of economic opportunities, so to speak."
Mr Obama's aides say, he has had two wars and a severe economic crisis, deal with since he took office in 2009.
Obama also said that the United States and Africa interaction, including the goal of social and political development, unlike China, he said, is more narrowly focused on the commercial interests.
"China's participation in Africa a lot of people happy," he told reporters that he travel together last Friday.
"On the other hand, they recognize that China's main interest is to be able to get in Africa's natural resources to feed factories of China's export-led economy policy."
This relationship makes Africa exports of raw materials, but will not create jobs in Africa, and is not sustainable in the long run, "he added.
In Pretoria on Saturday, Mr. Obama called for tougher negotiators in African investment from abroad.
"You production of raw materials, low price sales, then rose compared to the others make money, all the way to create jobs and value," he said.
"To make sure, whether you are working... you get a good deal, thanks to the people here that can help stimulate a broad-based development."



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