Tuesday, March 17, 2015

What China's Economic Shift Means for Africa

The World Economic Forum published on 11 March 2015 an analysis titled "What China's Economic Shift Means for Africa" by Martyn Davies, CEO for Frontier Advisory in South Africa.

Davies suggests that as China's strategy towards Africa matures, so too must Africa's strategy towards China.   Beijing is no longer just an actor in Africa's resources sector, but is broadening the scope of its commercial interests in Africa.  African governments need to respond accordingly and be  more agile in their policy-making vis-a-vis China's engagement.  China's foreign policy towards the continent under President Xi Jinping will need to balance its growing commercial interests while having to accommodate a changing and more assertive Africa. 

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