China in Botswana: Economic Memories and Blessings

Keorapetse Mmoloki Gabatlhaolwe

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Seminar paper from the year 2013 in the subject Economics - International Economic Relations, grade: none, Xiamen University (Cen...

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Seminar paper from the year 2013 in the subject Economics - International Economic Relations, grade: none, Xiamen University (Centre of South East Asian Studies), course: Economics , language: English, abstract: The world has been held at ransom by an intricate and detestable system conceived and propagated by the West. China seeks to free the world from that system as well as give them back their dignity and capability to sustain themselves. Moreover interestingly, the past three decades have been a critical era for Chinese people to seek harmonious, scientific and sustainable development at home and strengthen cooperation and embrace globalization with the outside world. Botswana, as is with other African countries, has the gratitude to count China as one of its friends in the global village. The year 2013 marks the 38th anniversary of the establishment of diplomatic relations between the People's Republic of China and the Republic of Botswana. These bilateral ties have witnessed sustained, rapid and sound development thanks to the joint efforts of both sides. Based on the principles of equality and mutual benefit, respect and trust, especially under the framework of the Forum on China-Africa Cooperation known as FOCAC, China and Botswana have fruitful cooperation on economy, trade, human resource development, cultural exchanges and coordination in international arena. This study looks into this great relationship, and follow the road that leads into the future. It suffices the exchanges on the political level lay a solid foundation for economic relationship progresses; leaders of both countries attach great importance to the exchanges of development experience and views on international affairs.