Global Race For Resources: Is China In the Lead?

Dambisa Moyo, the critically acclaimed author of How The West Was Lost and Dead Aid, is on the Breakfast Grille to discuss her latest book, 'Winner Take All: China's Race For Resources and What It Means for the World'.

Dambisa was chosen as one of Time Magazine's 100 Most Influential People in the World in 2009. She holds a PhD in Economics from Oxford University and a Masters from Harvard University Kennedy School of Government, and has worked at the World Bank and Goldman Sachs. She was born and raised in Lusaka, Zambia.

In her book, 'Winner Take All', Dambisa details how China has embarked on one of the greatest commodity rushes in history. She examines what's at stake as nations compete over increasingly scarce commodities and the economic implications of China becoming the lead buyer of the world’s resources.

She also discusses how China’s interest in these countries exclusively in the resources itself and not in social or political involvement in the host country -- as we’ve seen with Western Colonialism.

Dambisa also shares her findings as to how these host countries view doing business with China.