Jump to navigation

Vol 7 (AAC) No 2

Published 1st December 2013


A trillion-dollar promise

Chinese officials are still bullish about Africa but the IMF worries that the continent’s export growth will weaken as investment in China drops off

Despite talk of slower growth and less investment in China over the medium term, Chief Country Risk Analyst at the Export-Import Bank of China Zhao Changhui predicts that his bank and other investors will provide investments of up to US$1 trillion between now and 2025. China has about $3.5 trn. in reserves but Zhao says that China Exim Bank will supply about 70% of the $1 trn. sum.

End of preview - This article contains approximately 780 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.


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.