Ocsana: The lack of readiness on the part of new private business people fully to adapt themselves to the regimes of labor legislation, health and safety codes. This is some that china must look to. It must look to how it has a controlling interest in terms of a sovereign investment. But it needs also to have a very, very quiet look at itself in the way that it informs its own citizens who are going off to africa. And if president sh were organizing the debate to night, he might change the title to, is chinese investment in africa good for china?
Between 2007 and 2020, China invested $23 billion into infrastructure for nations across Africa, $8 billion more than the other top eight lenders combined. But in its pursuit of energy security and raw materials the Chinese government and Chinese companies have locked resource-rich African states into loans and contracts which could start to squeeze them hard in ten or so years’ time. Is Chinese investment good for Africa? Joining us to debate the question is Dr Nkosana Moyo, former Vice President and Chief Operating Officer of the African Development Bank and former Minister of Industry and International Trade for Zimbabwe. We also are joined by Stephen Chan OBE, Professor of World Politics at SOAS University of London. Hosting the discussion is the historian, author and broadcaster, Rana Mitter.
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