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Africa continues to shine for investors from China

By Du Juan | China Daily | Updated: 2014-11-18 07:32

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.

Africa continues to shine for investors from China

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