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RE: LeoThread 2025-02-19 12:07

in LeoFinance2 months ago

Part 3/8:

While many view China's presence in Africa as exploitative, it’s essential to consider that China has constructed more infrastructure in Africa over the past decade than all Western nations combined throughout the last century. Roads, railways, ports, and power plants are proliferating, leading to rapid transformations in local landscapes.

However, these developments raise crucial questions: Are the immediate benefits worth the potential long-term costs? By examining Chinese investments, it is revealed that manufacturing currently comprises over 40% of Chinese investments in Africa, bringing jobs for local laborers, not just Chinese expatriates. This diversification challenges the simple narrative of extraction, indicating a shift toward technological investment and workforce development.