Sino-African fund set to swell in five years
By Zhou Yan | China Daily | Updated: 2011-05-24 07:53
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Workers hang a banner for the FIFA World Cup from a cooling tower in Johannesburg, South Africa, in June. Chinese investment in Africa exceeded $1 billion in 2010 from tens of millions of US dollars in 2000. Provided to China Daily |
The second phase of raising capital will be concluded at the end of 2011
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