October 30 2013 |
Investment Research,
Economics
The changing face of Sino-African relations
In the past decades, China has been the center of all attentions, rising from a third world country to being the second largest economy in the world. While it eased access to its vast domestic market, it also emerged as the world’s factory floor, becoming a world class location to produce and source a wide range of products. Arising as a global economic powerhouse, China is now going on a shopping spree, buying companies and increasing cooperation with economies all around the world to capture opportunities that globalization stands to offer. (more…)