China s
flagship economic cooperation program is bouncing back after a
lull during the global pandemic, with Africa a primary focus,
according to a Reuters analysis of lending, investment and. -May 28, 2024 at 02:00 am EDT
- MarketScreener
Post-COVID, China Is Back in Africa and Doubling Down on Minerals usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
China's economic partnership with Africa is showing signs of revival post-pandemic, emphasizing infrastructure projects and trade. Despite significant investments, the relationship remains imbalanced, focusing on resource extraction. Chinese entities are pivoting towards PPPs, although challenges, such as Africa's trade deficit and legal frameworks, persist.
China's flagship economic cooperation program is bouncing back after a lull during the global pandemic, with Africa a primary focus, according to a Reuters analysis of lending, investment and trade data. Chinese leaders have been citing the billions of dollars committed to new construction projects and record two-way trade as evidence of their commitment to assist with the continent's modernisation and foster "win-win" cooperation.