President of Senegal: China is winner in product competition

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Source: CCTV.com | 12-10-2007 08:21

The President of Senegal, Abdoulaye Wade, says China is an important partner of Africa.

Wade says Chinese companies are welcome and their products are popular with locals. Speaking to reporters, the president pointed out that European products are more expensive than those from China.

Abdoulaye Wade said, "I had warned the Europeans to be cautious- you might lose competition to China. Not long afterwards, I told them, you have lost. Now it is clear that Europe is losing its competiveness in Africa."

Editor:Zhang Ning