Some Western observers worry that this represents a new form of colonialism. Given the continent’s history with European conquerors and rich countries trying to cheaply exploit its natural resources, that suspicion is understandable. But although China can sometimes be predatory — for example, when uneconomical projects saddle African companies or governments with unpayable debt — the new African investment bears little resemblance to the colonialism of old
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Xi “will stress the importance of consultation and taking African countries’ needs into account,” said Shi Yinhong, a professor of international relations at Renmin University of China. But the president’s assurances “won’t quell the skepticism around the globe at once,” Shi said.
While Beijing-backed investment has provided African governments much-needed infrastructure without the West’s political and fiscal demands, it has also generated complaints about China’s preference for loans and reluctance to use local labor. Such concerns have grown as Xi extended his Belt and Road plan across much of the globe and tied it to his ambition of completing his country’s return to great power status.
More from Bloomberg.com: Trump Doubles Down on Donald Trump: John Micklethwait
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It is a good time for China and Africa to discuss their common future since the 2018 Beijing Summit of the Forum on China-Africa Cooperation will unlock a great potential of new industrialization in facing a critical moment of transformation. What does the FOCAC mean to China-Africa industrial cooperation?
The program is a feast of ideas and wisdom, with Kenneth Ozoemena, the professor of Materials for Energy and Electrochemistry at Wits University, Paul Zilungisele Tembe, the associate professor at the Institute of African Studies, Zhejiang Normal University, Chris Wang, a former member of Parliament of South Africa and Che Smith, the senior international manager of WESGRO at the Dialogue Special in collaboration with the South African Broadcasting Corporation, SABC in Cape Town, South Africa, present at the program.
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Tonning gave what he described as “particularly striking examples”. He cited OBOR (One Belt One Road, also known as BRI, Belt & Road Initiative), and the meetings of China with Central and Eastern European Countries in the framework of China’s 16+1 initiative, in which bi-lateral relations are being fostered and financial dependencies created.
FIEC felt that contrary to China’s advertising of the BRI as a win-win situation for the whole world, it actually exported Chinese construction capacities overseas.
“In fact, OBOR/BRI can be considered as a kind of a Trojan horse”, said Tonning. He pointed out that for the European construction industry, the consequences were becoming increasingly visible, both in the EU Internal Market and on third country markets.
Capitalism is hurted only one point with each country "Anticapitalist" in the short term because in the long salivates with the next reconstruction
Is Communism friendly? yes, in some and few small towns could be, because in one State, we saw it and we know it, it is atrocious, ruinous, terrible
Walter Benjamin: "You have to understand capitalism as a religion"
Fricaldo: "The love of security is one of the origins of communism"
Octaespo: "Feminism is the most capricious son of capitalism"
So?
Decalogue of Sylodium (you will already know it) or how with the technologies an almost fair retribution and redistribution is possible.
Axis X. (Our) Ontology.
x1 Essence: x2 Subjects x3 FACTS. x4 Phenomena x5 New Class
Axis Z. (Our) Potentiality.
z1 Ideas. z2 Categories. z3 Entities z4 Here and now. z5 History
Axis Y. (Our) Reality.
y1 Nature . y2 Principles. y3 Rules. y4 Structure. y5 The Power, The truth. The Tech.
DTI to support firms participating in Industry 4.0
"As a department, we have witnessed the impact the programme has had on hundreds of companies that we have supported. The productivity, profitability and competitiveness of many companies have been increased. This has enabled them to contribute to the national government's objective of job creation."
The department has been offering the project to small, medium and micro enterprises since 1998. More than a 1 300 companies have benefitted.
System Integration & Control Systems Design
Many areas of the industrial sector are undergoing transformation, as robots, vehicles and control systems connect to the Internet. This networking trend is enabling unprecedented levels of automation, not only at the factory level, but in all business processes.
The term ‘networking’ can cover different levels of communication, each with different needs. As a result, different levels can use a specific, often tailored network, based on requirements such as volume, transmission, security and determinism of data. Based on functionality, industrial communications networks can be classified into three general levels: field/device level (sensors, electrical drives, etc.), control level (PLCs, motion controllers, etc.) and process/company level (scada, ERP, etc.).
The advent of the IoT and Industry 4.0 has added the ‘cloud’ to the networking landscape. Remote, secure, yet easily available data in the cloud supports a possible widespread future for highly automated companies, one that is already becoming a necessary prerequisite
The UNO is the currency where the American pay 1$ and the Nigerian pay 1 Naira. etc
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The recent WEF report – based on responses from business leaders in 20 countries – suggested that Chinese companies are less likely than their US and UK counterparts to make workers redundant, and more likely to retrain and up-skill them as technology transforms the workplace. In this sense, China appears to be taking more people with it on the journey to an automated economy.
But the challenge for policymakers is that, with so many reports lining up different economic pictures – like a global game of mahjong with people’s livelihoods – no one can be certain what the future will bring.
To its credit, PwC acknowledges this, quoting Frey and Osborne’s seminal 2013 and 2016 studies of job displacement, which suggested 47 percent job losses to the machines in the US, but 77 percent in China – higher than all other countries in their study, except Ethiopia.
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