Thursday, July 5, 2012

China's global pursuit of resources


Dambisa Moyo, famous for her book Dead Aid, is raising alarm about China’s pursuit of commodities – food, water, oil and minerals – that could leave other countries short in the decades ahead.

Her newest book is called Winner Take All, raising the spectre of China ruling the world.

While she begins by ringing alarm bells that foster fear, foreboding and anger directed at China, she ends with a more rational call for peaceful global initiatives to conserve and share scarce resources.

In fact, she observes that China is more co-operative and far less aggressive in its pursuit of resources than others in the past, such as England during the Industrial Revolution, and more recently the United States.

While she points the way to solutions, she is realistically pessimistic about the chances the world’s politicians will, in fact, be able to negotiate an avoidance of global clashes.