China’s African Challenge
on April 1, 2012
Roughly 1 million Chinese nationals are working or doing business in Africa, from Egypt’s Mediterranean shore to the Cape of Good Hope.
Theirs are the faces behind China’s soaring direct investment in Africa, which, according to the Ministry of Commerce of the P.R.C., rose 87 percent to US$1.1 billion during the first three quarters last year compared to the same period 2010.