The Economic Development of the World: Part 16

You have read 15 parts from the development of our world society, the development of empires and finally to 1914 where the world was divided up between the United States and the European powers. World War 1 interfered with the plans of the world elite who run the multinational corporations. Hitler interfered with their plans until 1945. 

After that came the struggle for world control between the Western Nations and the Communist Block. People wanted their own country so the world powers had to come up with a way to allow groups of people to run their own part of the world while continuing to be controlled by the world powers and the world elite.

You know it as franchising. You see it at McDonald's. People can own an individual McDonald's as long as the owner follows the rules of the major corporation; menus, store looks, and etc. Citizens can run their own country as long as they follow the rules of the multinational corporations that make up the world government. 

In 1989, the communist bloc collapsed. Now the development of a world government run by the world’s elite can continue.

What you see now is the West trying to bring the Middle East under control. The West has control of the Middle East oil wells. But in order to rule, they must control its people. The West believes that the only way to do this is to use military force. This intern has caused a military backlash that the West calls “Terrorism.”

Control of African Business

While this is going on, China is creating a business empire design to create trade between China and the third world countries. The China-Africa Development Fund, more commonly known as CAD Fund, is a Chinese investment fund focusing on stimulating and facilitating Chinese investments in Africa. It is China's largest private equity fund focusing on African investments.

CAD Fund's primary purpose is to serve Sino-African trade cooperation through market-based mechanisms by reducing risk to Chinese investors in Africa. It does this by providing bridging finance, financial advice, Africa specific managerial advice, and identifies potential investment opportunities. It also helps African projects find suitable Chinese investment partners. It aims to invest in low risk projects which provide sustained and consistent returns over a long period of time. This is partly done with the objective of helping Chinese firms operating in Africa to expand their market share, get closer to end consumers, or secure natural resources.

As of 2010 the fund had invested in 30 projects in Africa worth around US $800 million. In 2009 alone, the fund invested US$140 million of China's total US$1.3 billion invested in Africa that year. The fund is focused on industrial development and the acquisition of stakes in mining interests such as its joint purchase with China Guangdong Nuclear Power Group for Rio Tinto's 11.1% share in Kalahari Minerals valued at US$996 million in February 2012. The fund in 2010 teamed up with several partners by contributing 382.5 million ZAR into a 1.65 billion ZAR investment by Jidong Cement to build a cement plant in Limpopo, South Africa .

Modern political and economic relations commenced in the era of Mao Zedong, the first leader of the Chinese Communist Party, following the Chinese Civil War. Starting in the 21st century, the modern state of the People's Republic of China has built increasingly strong economic ties with Africa. There are an estimated one million Chinese citizens were residing in Africa. By comparison, it has been estimated that 200,000 Africans are working in China.

Trade between China and Africa increased by 700% during the 1990s, and China is currently Africa's largest trading partner. The Forum on China-Africa Cooperation (FOCAC) was established in October 2000 as an official forum to strengthen the relationship. A few Western countries, such as the United Kingdom and the United States, have raised concerns over the political, economic and military roles China is playing in the African continent.

The Chinese Ministry of Foreign Affairs emphasizes China's developmental aid to Africa, while also stating that China and Africa are making "joint efforts to maintain the lawful rights of developing countries and push forward the creation of a new, fair, and just political and economic order in the world".

The Caribbean

Chinese Jamaicans are the descendants of migrants from China to Jamaica. Early migrants came in the 19th century; there was another wave of migration in the 1980s and 1990s. Most Chinese Jamaicans are Hakka and can trace their origin to the Chinese labourers that came to Jamaica in the mid-19th to early 20th centuries. These people made it easier for the Chinese government to build relations with Jamaica.

The friendly partnership for common development between the People's Republic of China and Jamaica enjoyed smooth development and practical cooperation in various fields continued to expand.

The two countries maintained close high-level exchanges. In February 2012, Prime Minister Bruce Golding paid an official visit to China. President Hu Jintao and Vice President Xi Jinping met with him and Premier Wen Jiabao held talks with him. The two sides signed several agreements on economic cooperation and trade. In September, speaker of the House of Representatives Delroy Chuck came to China for the Second World Investment Forum held by the United Nations Conference on Trade and Development. Vice President Xi Jinping met with Speaker Chuck on the sidelines of the Forum. In November 2012, former Governor-General Sir Kenneth Hall attended the First China-Latin America Think Tank Forum in Beijing.

Government departments and localities of the two countries conducted frequent exchanges. In July 2012, Chairman of CPPCC Hangzhou Committee Sun Zhonghuan visited Jamaica. In August 2012, Cai Qi, Standing Member of the CPC Zhejiang Provincial Committee and Head of its Organization Department, visited Jamaica. In May 2013, Minister of Agriculture Christopher Tufton visited China.

Business cooperation kept expanding and trade volume steadily increased. In July 2012, China National Complete Plant Import and Export Group purchased three state-owned sugar factories in Jamaica. In December 2012, the Jamaica Economical Housing Project, built with the concessional loans provided by the Chinese government, started its construction.

People-to-people, cultural, educational and academic exchanges and cooperation were dynamic. In July 2012, the Confucius Institute at the Mona Campus of the University of the West Indies was officially opened. A total of 48 Jamaican students came to China for various training programs and 11 Jamaican students came to study in China on scholarships provided by the Chinese government.

Caribbean regional relations with China are mostly based on trade, credits, and investments, which have increased significantly since the 1990s. For many Caribbean nations, the increasing ties with China have been used as a way to decrease long time over-dependence on the United States. The Overseas Chinese population, in this case Chinese Caribbeans, help make the connections with trade and political links.

Additionally, China's policy in the region has been the use of "dollar diplomacy" or the attempts to switch several nations from recognizing Taiwan as an independent nation, towards the recognition of the "One China" policy, in exchange for Chinese investment. Outside of China's stated position on where it stands about Taiwan, trade between China and the Caribbean region has been steadily increasing.

China has also expanded several levels of cooperation with the Caribbean region. China and the Government of the Republic of Trinidad and Tobago were said to have formed an agreement where asphalt from Trinidad and Tobago would be exported to China during its construction boom in preparation for the 2008 Beijing Olympics. In exchange, China has led several construction projects in Trinidad and Tobago and the Caribbean region via Chinese owned construction companies. Trinidad and Tobago has also mooted the idea of starting direct shipments of oil and liquid natural gas direct from Trinidad and Tobago to China, to fuel the later's growing need for resources to fuel their economy.

As the Caribbean political heads of government have had several messy run-ins^] with the Bush administration in the United States with respect to recent demands, China has been more sympathetic to the Caribbean position globally and has stepped up military training exercises in the Caribbean for example in direct response to several sanctions placed on governments in the Caribbean region for not following the wishes of the Bush administration.

Several capital-works or infrastructural projects across the Caribbean region have also been financed by the Chinese government.