July 8, 2014 (Chinavestor) One Nation Stronger Than Those United
The relationship exists between China and Africa, with both nations seemingly willing to play both ‘giver’ and ‘taker’. Approximately $200 Billion has been traded between the two nations, making Africa the Far East nation’s leading trading partner. Considering China is the fastest growing economy and largest nation in the world, Africa surely must be taken notice by investors across the world. Why Africa? A continent cloaked in poverty, handled by misguided institutions with no consistent or robust development model. However, one factor that offsets the limitations of Africa’s economies is the rich resources embedded within. Queue China. Put simply, China appears to be contributing more to Africa’s growth than the IMF, the World Bank and even the United Nations. Parts of Africa considered too unstable to commercialise are draped in modern infrastructure with many future projects lined up.