The Chinese are down, but certainly not out of Africa
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Issue 309
- 09 Oct 2015
| 3 minute read
The Chinese leadership was shaken when market indices plunged after President Xi Jinping’s team failed to shore up an inexperienced and overheating local equities market. China’s trauma suggests that the last decade’s driver of global prosperity is entering a period of lower, if far from negligible, growth, affecting volumes of trade, and business and political relationships across sub-Saharan Africa. But over-dramatic interpretations of China’s economic outlook are still best avoided.
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