Zimbabwe is Afloat Because of China
Hany Besada, Centre for Intl. Governance Innovation | July 7, 2008
The annual inflation rate in Zimbabwe has reached 9 million percent. ++ The only reason why the country is still afloat are huge Chinese investments. ++ Zimbabwean critics contend that Beijing will continue to support Harare unconditionally, while piling up various claims on Zimbabwe's natural resources. ++ A constructive engagement with China needs to be put in place. ++ This is especially important if ordinary Zimbabweans and not only political elites are to reap the full benefits of increased Chinese investments.
