SHEIK, Egypt - China appeared on Saturday to be adopting a more nuanced investment approach in Africa. Ahead of a two-day China-Africa forum beginning Sunday, China's Commerce Minister Chen Deming said Beijing is offering to abolish import duties on some African commodities and ensure that its exports to the continent are safe. The suggestions outlined in an article published Saturday appear part of an effort by China to show that it is balancing its mushrooming needs with those of a continent that is saddled with some of the highest poverty rates in the world. “Of course China's objectives are to grow its economy,” said Edward K. Brown, director for policy services at the Africa Center for Economic Transformation, a research and policy advisory organization based in Ghana. But Brown said Africa's leaders must also shoulder the same burden. “Africans need to up the ante to see how they can best leverage their potential and ensure that Chinese investments are channeled into those areas where they generate the most value,” he said. The meeting Sunday in the Egyptian Red Sea resort of Sharm El-Sheik is a continuation of a push launched in 2006 by the energy hungry Asian giant into a resource-rich continent - a drive that included billions in investments in infrastructure. Chinese investments in Africa totaled $7.8 billion as of last year, while trade has rocketed 30 percent annually this decade, exceeding $100 billion last year, Chen said in an essay published in the state-run China Daily newspaper. While long major player in Sudan's oil industry, Beijing has also been reaching out to Gulf Arab states and other Arab OPEC members. It has signed a refinery deal with Kuwait and Chinese refiner Sinopec has set up a multibillion dollar joint venture petrochemicals plant with Saudi Arabia's SABIC. Most recently, Chinese companies have bid aggressively to develop some of Iraq's most prized oil fields even as some Western oil majors have been reluctant to take on the task in the country. Beijing said it is looking to foster responsible development in Africa, including through human resource development and agriculture. Among the new measure outlined in the Saturday article by Chen, the commerce minister, are exempting unspecified types of commodities from customs duties, setting up logistics centers in Africa and creating an inspection system to weed out trade in substandard consumer goods.
