Tuesday, August 5, 2014

Asian Investment and Africa's Textile Industry

The Center for Global Policy at Carnegie-Tsinghua published on 5 August 2014 a study titled "The Impact of Asian Investment on Africa's Textile Industries" by Tang Xiaoyang, resident scholar at Carnegie-Tsinghua.  The author argues that as African countries seek to industrialize and build indigenous cotton-textile-apparel value chains, the interactions between Asian, primarily Chinese, investors and African companies become more complex.  Asian investors present both a challenge to an opportunity for local industries.