Hendrik_2000
Lieutenant General
China will never replace those western import since chocolate is not on the menu of most Chinese So it is pipe dream The market is 150 billion but how much profit out of it after deduction of labor, transport, processing cost maybe not much ?China investing 200 billion dollar in Africa is actually a smart move. Europe's power comes from the fact they had access to cheaper resources from Africa and their other colonies.
There is this example of the global chocolate market. The global chocolate market is worth $150 billion. West African nations provide 70% of the resources and only get like 6 billion for it. Europe and US food companies can make $105 billion which is 70% of 150 billion from 6 billion. Increasing the value of cacao beans by almost 18 times. Imaging the west losing this market to Asian and African brands because chine invested in regional chocolate production. Thats 100 billion less revenue that can taxed and use to pay for military adventures by the west.
This China eating away at the wests bottom line. China become more of a consumer market might help Africa with this by importing African and Asian chocolate.
Those resources far away from mainland China does not make sense since they are vulnerable to blockade and interdiction in time of war . Another thing investing in instable government is risky case in point Guinea iron mine China pour in billion of dollar and sign in an agreement with previous government and suddenly the western power instigate coup d'etat Puff the Chinese investment is now in question. So with just sleigh of hand China will loose billion of dollar if the general decide to expropriate the new iron mine. I can understand China invest railway in Laos it make sense but Africa ? They will just lost their shirt their