June 12, 2016

"It's an undeniable fact that China has been contributing to Africa's economy in a way that the former Western colonial powers failed to do for 400 years, with investment mostly from China's State entities helping to address the continent's poor infrastructure, a key obstacle to local economic development.

Nevertheless, it is also worth noting that the major force behind closer economic ties between China and African countries has thus far been China's State-owned enterprises (SOEs) expanding into African markets. China's private sector has yet to play an active role in boosting bilateral trade and investment in comparison, which is actually partly to blame for some of the setbacks China has encountered in investing in Africa."

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http://www.globaltimes.cn/content/987909.shtml