Prospects

An iconic billboard in the quintessential boom city of Shenzhen features Deng’s famous statement that China's “basic line will not waver for 100 years.” If Deng was right, we are less than one-third of the way into the era of “reform and opening.” But four challenges identified by Premier Wen Jiabao in 2010, that growth becomes “unbalanced, unstable, uncoordinated, or unsustainable,” threaten the boom. The key to balance lies in increasing the consumer share of GDP, allowing China to create a modern consumer economy. Stability will depend on the government's ability to address grievances as the gap between winners and losers widens. Coordination is the great test facing the ruling Communist Party, of whether it can manage the politics of growth without fundamental changes to the system. Sustainability is an issue that has global implications, as citizens of a warming planet watch anxiously to see if China is successful in greening the boom. The fifth great challenge, left out by Premier Wen, may be the external one: whether the world is successful in making room for China.

Only Africa Can Save China

Period: Prospects | Making Room for China

Only Africa Can Save China Emmanuel Ojukwu The Paradox of Chinese Nationalism Kaiser Kuo China Still Has Many Places to Develop Emmanuel Ojukwu China is a Maturing Dancer Chen Ailian US and China Are in the Same Boat Yao Yang

Emmanuel Ojukwu President of the Nigerian Community in China Emmanuel Ojukwu is a Nigerian entrepreneur and community leader in Guangzhou, China. Ojukwu moved to Guangzhou in 2004 and shortly thereafter was chosen to be the president of the Nigerian Community in China. Ojukwu acts as a liaison between the growing Nigerian community of Guangzhou, estimated at 5,000-7,000, and the Chinese, and has largely succeeded in reshaping relations with the Chinese government. He is also lobbying the Nigerian government to open a consulate in Guangzhou in order to normalize relations between the community and the Chinese government. Click to expand collapse transcript Now, we say that China is only African. We save China. Because, I think that some of their products are not being bought much by the Europeans and Americans. Now, the Chinese are getting most of their raw materials, such as mineral resources, from Africa, And China is moving very fast because of their population and also the system of their government. They support their people. Most of them go to Africa to know what they can do to get what you have. So, they go to Africa to do something, and they receive something in return. I'm not against that, because Europeans, the English, and Americans, have come to Africa as well. But, today, Africa is growing because the Chinese are coming to African markets. They see what they need, they take what they need and, in return, they give Africa what it needs. So, I believe that even in 20 or 40 years, China will still be dealing with Africa, because only Africa can save China. And that is why I am fighting for our relationship to become even better. Add New Comment comments powered by Disqus

Cite this Source >> “Only Africa Can Save China | Emmanuel Ojukwu | Prospects | The China Boom Project.” The China Boom Project. The Asia Society Center on US-China Relations. 1 June 2010. Web. 21 November 2024. <https://chinaboom.asiasociety.org/period/prospects/34>. Map the interviews Click on the map to see where inteviews took place