International Law

The Trials and Tribulations of Outward Investment

By Stan

How’s that big outward investment program going? Er, not so great.

About 100 Algerians and Chinese migrant workers fought with knives and bludgeons in the capital Algiers, witnesses said on Tuesday, in an unprecedented flare-up of local anger at Chinese immigration. (FT)

Planeloads of Chinese workers have been arriving in the North African oil producer, mainly to work on state-funded construction projects, and their presence has fuelled resentment in a country where 7 out of 10 adults under 30 are unemployed.

You know, screwing with the Algerians is not such a great idea. I would suggest figuring out a way to make them happy. Otherwise bad things could happen.

You let things fester long enough, and the next thing you know, the police will get a report of some guy shooting watermelons in Chaoyang park with a custom-made sniper rifle. And you know what happens after that, at least if you’re French and your name is Charles.

It’s been a long day.

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Full post as published by China Hearsay on August 05, 2009 (boomark / email).