Africa continues to shine for investors from China
Diversified investments in the sub-Saharan region show nation's commitment to maintain strong economic ties with fast-growing region, reports Du Juan.
Africa continues to be the beacon for China's outbound investment, with companies committing to cumulative investments of about $150.4 billion in the Sub-Saharan region from 2006 to July 2014, despite the marginal slowdown in actual investment to the region, according to a new report.
The China Global Investment Tracker, published by the Washington-based American Enterprise Institute and the Heritage Foundation, says the investment pipeline continues to be robust in Africa, with actual investments in the region rising to $19.49 billion by the end of 2013, compared with $5.54 billion in 2006 when China started its "going global" strategy.