Friday, May 13, 2016

China Copes with Zimbabwe's Indigenization Law

Brookings published on 26 April 2016 an analysis titled "China's Pains over Zimbabwe's Indigenization Plan" by Yun Sun, Africa Growth Initiative.

Zimbabwe law requires foreign companies with assets of more than $500,000 to sell a 51 percent stake to local Zimbabweans. Chinese investors are the largest source of investment in Zimbabwe and more than 10,000 Chinese nationals live and work in Zimbabwe. Chinese investors are most impacted by the law and many of them are not happy.

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