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  • Beijing Review

    The Eight Initiatives to Fast Track Africa’s Growth

    Jan 23, 2020 2 minutes
    By Lan Xinzhen
    Copyedited by Rebeca Toledo

    China-Africa cooperation was enhanced in 2019 amid several bright spots despite the sluggish global economic recovery, lower-than-expected economic growth in Africa and other headwinds.

    According to statistics from China’s Ministry of Commerce, in the first 11 months of last year, China’s total direct investment in Africa was $2.8 billion, an increase of 4.6 percent year on year. Manufacturing investment surged by 172.8 percent.

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