Friday, July 13, 2018

China's Consumption-led Growth and Impact on Africa

The New African published on 4 July 2018 an article titled "What Impact in Africa as China Shifts To Consumption-led Growth?" by Regina Jane Jere.

Based on a recent Moody's report, the author says China's shift from consumption-led growth will have mixed credit implications for African states, flattening the trade volumes of oil and iron ore exporters while benefiting the exporters of non-ferrous metals (copper, cobalt and aluminum) and tourist destinations in Africa.

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