
[SupChina] How private Chinese companies are winning in Africa
China Stories
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Introduction
China's direct investment in africa has increased by more than 25 % per annum between 20 17 and 20 20. China was the largest investor in africa by jobs and capital, and third by number of projects. Contrary to narratives on a state lead and state financed china ink, the majority of chinese firms active in africa are private owned with very few receiving financial support from the Chinese government.
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