Real Estate Development Could Drive Future Chinese Investment In Africa
A Chinese property developer stands at the construction site of 544 villas built on the Lekki peninsula in Nigeria. Photo: Paolo Woods/worldaffairs.org, 2009
Natural resources from Africa helped fuel China’s economic boom, but in the first half of 2015, it’s looking more like a bust.
Chinese investment in Africa through June this year fell by more than 40 percent to its lowest rate since the global financial crisis, BusinessSpectator reported.
Now the Chinese investment landscape in Africa is changing, according to a report in ValueWalk.
By Dana Sanchez