The precedents set in Afghanistan, Iraq, Libya, Somalia, Yemen, and Syria – when compared with what is outlined in China’s White Paper detailing «China’s Policy in Africa» – are just too egregious for the leaders of African countries to overlook. China is sparing no expense to promote its economic interests. 

On Nov. 12 the Financial Times, reported that regulators in the UK, US, and Switzerland have fined the five biggest international banks a total of $3.2 billion for manipulating foreign-exchange rates… The banks’ currency traders agreed to fix exchange rates on the world market in order to boost their own profits. This was no small-potatoes scam – as much as $5.4 trillion changes hands every day on the Forex market… Steen Jakobsen, chief economist of Saxo Bank, claims that never before has there been such a huge gap between economic reality and perception, but «the world is not ending, it’s getting ready for a new beginning …»