Beijing has made a rare and candid admission of the difficulties in its economic relationship with Africa, with one of the country’s top financial officials describing some Sino-African deals as “not so good, not so satisfactory”.
The comments by Zhou Xiaochuan, governor of China’s central bank, appear part of a much broader effort by Beijing to recalibrate its economic and trade relations with Africa in response to growing criticism inside and outside the continent.
“Different entities have behaved differently. There may have been some phenomena of Chinese investors [that were] not so good, not so satisfactory,” Mr Zhou said.
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