Saturday, July 29, 2017

China's Belt and Road Initiative: Business Implications for Africa

The Washington Post's Monkey Cage posted on 24 July 2017 an analysis titled "China's 'Belt and Road' Opens Up New Business in Africa--for Both the U.S. and China" by Janet Eom, research associate at the China-Africa Research Initiative at the Johns Hopkins University of Advanced International Studies.

The author concludes that China's economic needs, rather than any set political agenda, drive Beijing's Belt and Road Initiative. She also suggests the initiative opens up new business in Africa for both China and the United States. While there are areas for Chinese-American cooperation in Africa, it is less clear how American business will benefit directly from the Belt and Road Initiative.

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