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China-style State-led Growth Won’t Work in Africa, Okonjo-Iweala Warns

China has funnelled billions of dollars into aid, loans and business deals on the African continent in recent years. But as ties continue to strengthen, former Minister of Finance Ngozi Okonjo-Iweala has warned that Beijing-style economic governance will not work for Africa. “China has been very helpful,” particularly with building much-needed infrastructure in Africa, the […] The post China-style State-led Growth Won’t Work in Africa, Okonjo-Iweala Warns appeared first on THISDAYLIVE.
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Added May 21, 2018
from This Day News