Friday, October 21, 2016

Chinese Foreign Direct Investment Flowing to Africa

The South China Morning Post published on 18 October 2016 an article titled "Soaring Costs Force More Chinese Firms to Look Overseas, As Latest Figures Show ODI Surges 53.7pc in Year to Date" by Xie Yu.

The article reports that Chinese firms are increasingly eyeing opportunities outside China with Africa becoming a favored destination rather than locations in Asia. The article reaches this conclusion by drawing primarily on anecdotal accounts of new Chinese investment in Ethiopia and Tanzania.

No comments:

Post a Comment