Has China become the colonial power of the 21st century? Are Chinese politicians and businessmen recklessly exploiting Africa’s natural resources? It has become difficult to form a realistic picture of those new developments in the developing world. While the West is heavily criticizing the Chinese ventures in Africa (e.g. in Ghana) it can’t be denied that the Chinese engagement has been an important basis for Africa’s surge in the last 15 to 20 years.   Economic models during times of transition   Developments in the emerging world have to be interpreted in the face of changes in the general set-up of our world order. Firstly, after the rise of the Western world which started in […]