Private Chinese Investment in Africa

From The Official Blog of Amb. David H. Shinn Mon Feb 18 2013, 15:11:00

Xiaofang Shen, visiting scholar in the SAIS China Studies Program and former World Bank investment specialist, published in January 2013 an excellent study titled "Private Chinese Investment in Africa: Myths and Realities" as a World Bank working paper.

The paper highlights the importance of private sector Chinese investment in Africa and draws on pilot studies in Nigeria, Ethiopia, Zambia and Ghana. The underlying force behind increased private Chinese investment in Africa is the growing pressure of industrial restructuring in coastal China, which drives some labor-intensive firms to relocate to other parts of the world, including Africa.

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