China’s Undeserved Reputation for Building Bad Infrastructure in Africa

The Chinese build more infrastructure than any other country (foreign or African) in Africa. Chinese banks are financing billions of dollars in new loans, aid packages, and other deals to build badly-needed infrastructure across the continent, and Chinese companies are doing most of the engineering and construction work. Between 2009 and 2014, the Chinese signed $328 billion in construction projects in Africa, an average of $54 billion a year, according to data from the international law firm Baker and McKenzie. This trend is widely expected to continue as Beijing turns to its new development bank, the Asian Infrastructure Investment Bank (AIIB), to focus more of its economic diplomacy around the world on building infrastructure-China File

Advertisements

About Nelly Niyonzima

For Africa, International Relations, Geopolitical Trends and Strategic Issues.
Gallery | This entry was posted in Africa, Industry Sector and tagged , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s