February 8, 2011

Chinese Appetite for Natural Resources Still Growing

According to comments made at an African conference on mining, China's appetite for natural resources could quite easily grow. Kobus van der Wath, MD at consultancy Beijing Axis noted that China currently has outbound investments of over $50BN, with the ability to invest more, particularly in Africa. According to van der Wath, Africa drew 14% of China's investment last year.

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