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Why substantial Chinese FDI is flowing into Africa

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Why substantial Chinese FDI is flowing into Africa

As US-China geopolitical tensions intensify, China is increasingly diversifying its agri-imports from the US to other economies.

  • China, as the largest recipient of global FDI in 2020, and so far in 2021, is fully aware of the power FDI had in transforming its own economy, once the economic gates of the Middle Kingdom opened to the rest of the world in the late twentieth century; today, Africa embodies striking geographical and economic similarities with the China from four decades ago.

  • Chinese FDIs have scaled up African supply to satisfy the rising middle-class demand.

But given the prominence of Chinese equity investments in Africa, it is important to dispel some myths.

  • She played the role of Mia in the 2017 short film Fluff.

  • It is, however, a mistake to treat Africa as a single frictionless economic body similar to China.




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