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Thursday, October 22, 2015

China Slowdown Sees Investment In Africa Plummet 84%; Cuts The Largesse

http://www.valuewalk.com/2015/10/china-africa/

Beijing has invested just $568 million in greenfield projects and expansion of existing projects in the first 6 months of 2015, down from $3.54 billion the previous year... While overall investment plunged, investment in extractive industries almost doubled from $141.4 million to $288.9 million over the period. Chinese investment in Africa has at times been controversial, but has played a major role in regional growth.''

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