Business
China’s slowdown: What it means for African trade
“Given the fact that Beijing has locked key relationships across Africa, and arguably forged sufficient political momentum for its state-owned entities, as well as private sector firms, to continue to expand across the continent, it would not constitute an unqualified leap to assume that some lessening of China’s political ambitions would accompany its latest economic challenges, and inward-view,” he states.
“Though not implausible, this is unlikely to materialize – since assuming the helm in 2013, President Xi Jinping (who paid his first overseas trip as head of state to Africa) has continued to emphasize the importance of deeper political relationships with Africa.”
He added that the Forum on China-Africa Cooperation (FOCAC) will be hosted by South Africa in early December and will allow a range of politically-inspired financing commitments from Beijing.
A version of this article was originally published at How we Made it in Africa.
