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Article: China : China maintains investment cooperation intensity with Africa.
- Article from:
- TendersInfo
- Article date:
- October 29, 2009
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Byline: rakshali03
China has kept up its intensity for investment cooperation with Africa since the outbreak of global financial crisis in 2008. By the end of the year, disclosed an official of the Ministry of Commerce on Tuesday, it had thrown in 49 African countries and regions a total input of 26 billion US dollars in all kinds of investments, of which 7.8 billion dollars was a stock of direct investment.
China's overseas direct investment (ODI) reached 55.91 billion US dollars in 2008, of which 5.49 billion dollars was the direct investment for Africa, making up 9.8 percent of the country's ODI. In the first six months of 2009, China made a ...