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...
Chinese investment in African manufacturing could change the world
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SCMP - Feed 91By Djoomart Otorbaev
EXECUTIVE SUMMARY
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...
Key Takeaways
- Chinese investment in African manufacturing could change the world.
- 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.
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Published originally on SCMP - Feed 91
