Name: China's expensive bet on Africa has failed
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China's expensive bet on Africa has failed

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Created with Sketch.Created with Sketch.Minxin Pei is professor of government at Claremont McKenna College and a nonresident senior fellow of the German Marshall Fund of the United States.China's commercial activities in Africa, such as investments, infrastructure projects and bank lending, have long attracted scrutiny and criticism. Critics have accused Beijing of practicing a new form of economic colonialism to gain control of the continent's valuable natural resources by luring unsuspecting African nations into so-called debt traps.Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. Please review ourto learn how you can update your cookie settings.

Created with Sketch.Created with Sketch.Minxin Pei is professor of government at Claremont McKenna College and a nonresident senior fellow of the German Marshall Fund of the United States.China's commercial activities in Africa, such as investments, infrastructure projects and bank lending, have long attracted scrutiny and criticism. Critics have accused Beijing of practicing a new form of economic colonialism to gain control of the continent's valuable natural resources by luring unsuspecting African nations into so-called debt traps.Nikkei Asian Review, now known as Nikkei Asia, will be...

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Minxin Pei

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China's expensive bet on Africa has failed

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