"Business is booming in Africa thanks mostly to the Chinese. Trade between the two surpassed $120 billion in 2010, and in the past two years China has given more loans to poor, mainly African countries than the World Bank. [...] 14% of China’s investment abroad found its way to sub-Saharan Africa. This has brought increased employment and prosperity to the region, but also allegations of damage to local businesses, corruption and the hoarding of natural resources."
22 April 2011
China in Africa ~ Economist Spots Trade & FDI...
The Economist Daily Chart spotlights Chinese in Africa...
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