The New Rules: China Must ‘Pay Globalization Forward’ in Africa

The New Rules: China Must ‘Pay Globalization Forward’ in Africa

Globalization’s historical expansion from Europe to North America to Asia has featured a familiar dynamic: The last region “in” becomes the integrator of note for the next region “up.” Europe was the primary investor, customer and integrator for the U.S. economy in its rise during the 19th and 20th centuries, and America subsequently “paid it forward” with East Asia in the decades following World War II. Recently, it has been Asia’s turn, primarily through China, to pay it forward once again with Africa, arguably the hottest integration zone in the global economy today. Nonetheless, in Washington — and especially inside […]

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