Jeremy Stevens via Caixin | When the Forum on China-Africa Cooperation (FOCAC) was established in 2000 to strengthen China-African economic cooperation and trade, the rest of the world was perhaps bemused. Bilateral trade and investment was minimal and African economic prospects unpromising. Now, just 18 years later, China is Africa’s largest trade partner and bilateral trade and investment ties are growing rapidly.
china in africa
BEIJING | By Zhou Xin | The positive side of Chinese involvement in Africa is well-known, but a lack of shared values means projects are inefficient and lack vision.