Two Chinese employees of the Shanghai Construction Group of China sit at a desk as a group of Zambian children become a bit overly eager when they are allowed to take some bottles of water at the groundbreaking ceremony of the new Lusaka Stadium, a stadium that will be built by the Chinese company Shanghai Construction Group of China in Lusaka, the capital of Zambia. The stadium is going to be financed by a concessional loan from China to Zambia, although the exact terms of the loan have not...
more »Two Chinese employees of the Shanghai Construction Group of China sit at a desk as a group of Zambian children become a bit overly eager when they are allowed to take some bottles of water at the groundbreaking ceremony of the new Lusaka Stadium, a stadium that will be built by the Chinese company Shanghai Construction Group of China in Lusaka, the capital of Zambia. The stadium is going to be financed by a concessional loan from China to Zambia, although the exact terms of the loan have not been made public. The stadium will have a capacity of around 50,000 spectators. The loan from China is 94 million US dollars and will finance both the construction of the new Lusaka Stadium and rehabilitation of the rundown Independence stadium in Lusaka.The groundbreaking ceremony took place during a visit of a Chinese delegation that was on a tour around five African countries in January 2011. The delegation was led by Vice Premier of the State Council of China Hui Liangyu...China's appetite for Africa is insatiable. Everywhere on the continent, the Chinese are building roads, hospitals and schools; they mine for copper, pump up oil, start up production facilities and sell Chinese goods. In copper-rich Zambia in Southern Africa, China has set up its first free trade zone in Africa and is planning to more than double its investments from 1 billion US$ in 2010 to 2.4 billion US$ in 2011. Much is at stake in Zambia where a cultural clash is taking place, where local workers have protested against poor working conditions in the Chinese run companies, and where a presidential election later this year might give critics of the Chinese influence a boost...Photo by Thomas Lekfeldt /MOMENT..mail@thomaslekfeldt.com / +45 5156 1940
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