05.10.2015 - Reality check in Africa as boom time ends
The Chinese presence across Africa has become ever greater over the past decade. From Khartoum in Sudan to Lomé in Togo, ostentatious presidential palaces have been built with Chinese money and labour. Mine shafts have been sunk, oil pipelines laid, and countless roads, bridges and airports constructed. Vast amounts of oil, coal, copper and iron ore have been shipped eastward to satisfy China’s hunger for Africa’s raw materials. A flood of Chinese manufactured goods, from dumper trucks to toys, has come in the opposite direction. At times China’s presence has been controversial, but it has been a core theme of Africa’s recent growth...............................................Full Article: Source
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