Winner Take All: China's Race for Resources
Chinese firms, many state-owned, are going global for some of the same reasons other companies do to acquire raw minerals, improve technology skills, and gain access to foreign markets. This, by itself, is not unusual. But because these firms are in large part run by the state, is there reason to be worried about this acquisition of resources? China has become one of the top investors in Africa, South America, and Eastern Europe, buying resources such as oil, land, and copper and investing heavily in infrastructure. How will this impact these regions in the long term? Closer to home for us, China has purchased government bonds from the United States and shale technology in Canada, and there is speculation that China's central bank is in a gold-buying push. What does China's effort to purchase commodities mean for the rest of the world?
The World Affairs Council presents a conversation with Dambisa Moyo, international economist and author. Ms. Moyo will discuss how China has realized the importance of controlling crucial assets such as arable land, water, and fossil fuels, and what this implies for the rest of the world.
For more information about the speaker, click here!
Swedish Cultural Center: Vasa Room (Reception); Stockholm Room (Lecture) (View)
1920 Dexter Ave N
Seattle, WA 98109
|Dog Friendly: No|
|Wheelchair Accessible: Yes!|