Free article preview  

'African assets were undervalued and China's presence has helped correct that, whether in bonds or foreign direct investment', said Victor Lopes, Africa Economist at Standard Chartered Bank. Multinationals from the BRICs - emerging nations Brazil, Russia, India and, above all, China - have led the increase in foreign direct investment from US$10 billion a year in the decade up to 2003 to $121 bn. by 2008, particularly in Africa....

(This article contains approximately 440 words)

end of free article preview

Current subscribers: log in now to read the complete article. Misplaced your password? Then click here for a password reminder.

Not a subscriber? Then you can read this article in full either by becoming a subscriber now, for 3, 6 or 12 months, or you can buy this individual article.

  • Subscribe to Africa Confidential:
  • Buy this article:
  • 3-month subscription
    Prices from £205.00 (+ VAT where applicable)
    6-month subscription
    Prices from £376.00 (+ VAT where applicable)
    12-month subscription
    Prices from £705.00 (+ VAT where applicable)
  • UK & European Union
    £17.00 (+ VAT where applicable)
    Rest of the world
    $27.00

  • If you have a print subscription already, click here for a password that gives you full access to the website.
  • If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.

Keywords:

China, Victor Lopes, Brazil, Russia, India, Nigeria, South Africa, Indonesia, Mexico, Vietnam, United States, France, Luiz Inácio Lula da Silva, Angola, Mozambique, Sénégal, Mikhail Margelov, Sudan, Dmitry Medvedev, Egypt, Namibia, John Legat, Botswana, Industries Chimiques du

Tag Cloud:

africa(6) africa's(3) brazil(4) brics(2) china(3) energy(2) india(2) jumped(2) mining(2) oil(2) russia(3)