Came across these statistics in a presentation by Sebastian Teunissen�, a�Professor at Univ. of California.�

Pl. read in conjunction with my earlier post on this topic (“China’s investment and expansion in Africa”) and you will see why this is of strategic importance.

Thought�provoking:

• China has become the biggest foreign investor in Zimbabwe
• Zimbabwe�is the world’s second-largest exporter of platinum, a key import for China’s auto industry
• Chinese workers built Mugabe’s new $9m home featuring a�blue-tiled roof donated by the Chinese government
• China supplied Mugabe with fighter jets and troop carriers worth about $240m in exchange for gold and tobacco
• China has also agreed to sell armaments to Nigeria – $251m worth of Chinese fighter jets, financed by China’s Exim Bank – and satellite technology provided by defense contractor Norinco.