Thursday, June 23, 2016

Is China Building Africa?

The European Financial Review published on 22 June 2016 an article titled "Is China Building Africa?" by Zhengli Huang, an architect and urbanist, and Xiangming Chen, dean and director of the Center for Urban and Global Studies at Trinity College in Connecticut.

The authors argue that Chinese state-owned enterprises are generally misconceived as political allies with the central government, while their corporative nature with a profit orientation and financial constraints are largely overlooked. China is building the majority of infrastructure projects in Africa, but the financing of these projects often comes from sources other than Chinese banks and companies.

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