Investing in US riskier than Africa, says China banker
An official from China Eximbank tells a forum in Hong Kong that the US is ungrateful for Chinese investment and brushes off perceived US criticism of its rising trade with Africa.
Issues of nationalism in international trade relations were raised by a spokesman for one of China’s top policy banks at AsianInvestor’s and FinanceAsia’s inaugural Africa Investment Summit.
Speaking at the event in Hong Kong last week during a panel discussion on investor perspectives on Africa, the chief country risk analyst for China Eximbank, Zhao Changhui, framed his country's trade with Africa in terms of its rivalry with the US.
Painting the US, rather than Africa, as one…
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