Monday, February 4, 2019

China's Changing Approach to Africa

Brookings published in January 2019 a study titled "Foresight Africa: Top Priorities for the Continent in 2019." Pages 105-106 contain a useful viewpoint titled "China's Changing Approach to Africa" by Yun Sun.

The author argues that China has become more focused on commercial and viable projects in Africa and moving away from "resources for infrastructure." China is showing increased interest in identifying its financial contribution as development finance, rather than development assistance. It seems to be moving toward more equity investment by a more diverse group of investors supported by state development finance.

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