Published on: 2017-09-11
Since the early 2000s, many Chinese moved to southern Africa for better business opportunities but economic growth started slowing down after 2007, and Chinese population started declining, especially from the 2013 numbers.
“Continent-wide there seems to be a decrease,…in part because of a downturn in the commodities cycle, it became unsustainable for many Chinese to continue their businesses,”commented IEMS’ Barry Sautman on the trend in an article published in the Financial Times.
There are some exceptions such as Ethiopia and Kenya where numbers of Chinese migrants are increasing due to the One Belt One Road infrastructure project.
Read full article here Chinese return from Africa as migrant population peaks on the Financial Times web site.
[Bio] Barry Sautman
[IEMS Thought Leadership Brief] Localizing Chinese Enterprises in Africa: from Myths to Policies
Photo: BloombergTags: africa, china, Chinese investment, Chinese investments in Africa, investment, migration, OBOR, One Belt One Road