China’s Africa strategy is shifting
From extraction to investment
China's new focus is more on industrial production, job creation, investments that lead to African exports, and productivity-enhancing agricultural and digital technology opportunities, says Lauren Johnston, senior researcher at the South African Institute of International Affairs, and an associate professor at the China Studies Centre at University of Sydney in Australia.
China experienced a massive economic boom in the 1990s and 2000s which increased its demand for resource imports, like oil, from Africa. This led to a model of development finance
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