Is China’s increased presence in Africa ultimately a good thing?
Simon Cook moderated the panel discussion "Is China’s increased presence in Africa ultimately a good thing?" at GTR Africa 2020 on March 11, 2020 in Cape Town, South Africa.
China remains the single largest off-taker of African goods and products, having invested more than the combined contributions of the entire DFI
community. Greater Chinese commercial activity brings with it huge opportunities with a shift away from traditional trade finance products and a movement towards other more innovative solutions, enabling greater access to working capital and cheaper sources of funding. But at what cost?
With concerns over certain conditions and also over quality, this session deliberated on both sides of the argument, as well as considering to what extent the West has been caught sleeping.