Thursday 17 August 2017

Do you have a favorable or unfavorable view of China doing business in Africa?

Chinese African trade topped $106 billion in 2010, making it the continent's biggest single trading partner. Chinese companies continue to invest in projects across Africa, in natural resources, infrastructure and increasingly in the manufacturing sector. China has surpassed the World Bank as the biggest external source of investment for the continent. The Chinese government and companies have been actively pursuing African business opportunities in a way which has increasingly marginalised Western firms on a continent which is currently enjoying high economic growth rates and has a rising young urban middle class, which will help create a consumer society, which in turn will fuel long term growth.

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