Chinese investment in African manufacturing could change the world
GlobeAlert Desk · curated from South China Morning Post · global
Africa is seeing a potentially historic transformation in its economic relationship with China. After two decades in which Chinese engagement was primarily associated with infrastructure construction, resource extraction and commodity trade, a new phase is emerging. Chinese companies are increasingly establishing manufacturing operations on the continent, bringing capital, technology, production expertise and employment. East Africa, particularly Kenya and Tanzania, is becoming a principal...
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Single-source so far. Treat details as unconfirmed until more publishers report.
Not flagged as developing.