Chinese President Xi Jinping with African leaders in Beijing on September 3, during a group photo session at the Forum on China-Africa Cooperation. Photo: AP Chinese President Xi Jinping with African leaders in Beijing on September 3, during a group photo session at the Forum on China-Africa Cooperation. Photo: AP
Chinese President Xi Jinping with African leaders in Beijing on September 3, during a group photo session at the Forum on China-Africa Cooperation. Photo: AP
Richard Harris
Opinion

Opinion

The View by Richard Harris

Why the billions China is pouring into Africa might not be smart money

Richard Harris says China is lending and pledging billions to Africa, to ensure its access to cheap resources and extend its influence. But Africans are wise to the situation and the Chinese might not really benefit from their investment

Chinese President Xi Jinping with African leaders in Beijing on September 3, during a group photo session at the Forum on China-Africa Cooperation. Photo: AP Chinese President Xi Jinping with African leaders in Beijing on September 3, during a group photo session at the Forum on China-Africa Cooperation. Photo: AP
Chinese President Xi Jinping with African leaders in Beijing on September 3, during a group photo session at the Forum on China-Africa Cooperation. Photo: AP
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Richard Harris

Richard Harris

Richard has pioneered Asian investment management at senior levels for companies such as JP Morgan, Citi, BNY Mellon and several start-ups. He has 40 years of experience in a full range of investment and capital markets activities. He is CEO of Port Shelter Investment Management.