Oct. 22, 2009

AU official: China most concerned with resources

AU official: China more concerned with natural resources in Africa than good governance

(AP)  CAPE TOWN, South Africa (AP) - An African Union official is accusing Chinese investors of overlooking bad governance while doing business in Africa.

Trade expert Festus Fajana's comments come more than a week after officials in Guinea announced a $7 billion deal with a Chinese company.

Guinea has come under intense international criticism since soldiers in the West African nation fired on tens of thousands of pro-democracy demonstrators in September. A human rights group says 157 people were killed.

At a business summit Thursday, Festus said officials want Chinese investors to consider social and environmental concerns in their business deals.

Africa's trade with China reached more than $100 billion in 2008 and has multiplied by 10 since 2001.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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