Constructing lives
本文作者: Wang Zi
Infrastructure is the top draw for China’s investment in Africa, from roads, telecommunication to hydro projects and hospitals. Bilateral trade surged from $12 million in 1950 to about $200 billion in 2012. According to Liu Yagan, chief representative of ICBC Africa, Africa represents a better growth opportunity than the US and EU. So far, more than 2,000 Chinese enterprises have invested in 50 African countries, making the most of the many promising business opportunities in Africa.
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