China
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India
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Winner
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China has invested a lot in many resource rich African nations.
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India has invested in countries with significant India diaspora.
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1 – 0
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It secured many projects in oil rich countries to build infrastructure like railway lines, roads, bridges etc. (Foreign Exchange = ~ 3 trillion dollars)
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Doesn’t have enough economic muscle (Foreign Exchange fluctuates between 300-400 billion dollars)
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1 – 0
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Chinese companies receive immense support from their government.
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Who doesn’t know about Indian red tapeism!!
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1 – 0
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Chinese bureaucrats and diplomats are given targets with respects to securing investment opportunities.
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No motivation.
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1 – 0
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Chinese Exim Bank provides cheap loans to its companies investing in Africa.
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Indian Exim bank is too weak.
But some private MNCs have made significant investments in Africa.
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1 – 0
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Chinese bring their own workers form China. This is a cause of conflict between the locals and the Chinese companies.
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Indian companies hire locals. Local African’s are happy with employment opportunities created by Indian Companies.
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0 – 1
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Chinese troops have shot African citizens agitating against Chinese companies.
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Indian companies are more polite.
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0 – 1
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Chinese mantra is ‘total plunder’.
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Indian mantra is ‘mutual benefit’.
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0 – 1
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China is a dictatorship and it helps dictators stay in power in Africa. Locals see China as a villain in such cases.
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India is courteous towards locals and democratic regimes.
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0 – 1
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|
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5 – 4
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