Caixin
Dec 09, 2014 02:22 PM
ECONOMY

Closer Look: A New Chinese Strategy for Business in Africa

(Beijing) – Britain, France and Germany have recently extended olive branches to China, but France has at least one major advantage over its neighbors: It's particularly well-poised to cooperate with China on investment in Africa, with historical advantages to serve as a springboard for the Asian power's ambitions on the continent.

"France has long experience in Africa," says Muriel Pénicaud, president of the French Agency for International Investments. "A growing number of Chinese enterprises produce goods in France to export to Africa."

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