Chinese Companies: China and Smearing Campaign

chinese companies: The intensifying efforts from President Mokgweetsi Masisi to attract Chinese companies to invest in the diamond-rich nation marks a dramatic shift from the previous administration's hostile approach toward China and defies smearing campaign by western media badmouthing China's cooperation with African countries, according to Global Times China. Ask anyone in Botswana what their country is famous for and many will be quick to say the magic word diamonds - one of the most sought-after and romanticized gemstones. Photo Wang Cong/GT Botswana, a small inland country in southern Africa, is ramping up efforts to strengthen economic and trade ties with China, as the new administration in Gaborone bets on China and other emerging markets to play a vital role to propel the country's economic transformation. Indeed, the southern African nation, which is the size of France but only has a population of about 2.3 million, is one of the world's largest diamond producers. However, people in Botswana don't shy away from admitting the acute problems for the country's economy, which has grown excessively reliant on diamond mining and trade. The precious stone has propelled the country from being one of the poorest in the continent five decades ago to one of the richest and most vibrant. (news.financializer.com). As reported in the news.