The Chinese Government is well aware of Africa’s great potential and it’s launching this continent as the next economic miracle. Its diplomacy strategy started in 1990 promoting bilateral agreements and infrastructural projects.
The Chinese system, which made GDP grow by 30 times during the last 25 years and lifted 750 million people out of poverty, is suitable for being applied to the South of the world. China, as well as Africa, had to deal with poverty and low economic growth in the past.
China’s newfound prosperity is spreading beyond its borders, spawning the creation of many new factories in Africa and this looks to be just the start of a new economic boom on the continent. Indeed, African economies are growing quickly, and they will soon catch up with China’s growth rate.
Join our seminar and learn more about how Chinese investments in Africa are going to change the geopolitical trends in the near future.
ABOUT THE SPEAKER
Lorenzo Riccardi, Managing Partner of RsA Asia
Lorenzo Riccardi is based in Shanghai and teaches Chinese Taxation at Shanghai Jiao Tong University. During his career, he has also taught Asian taxation at Pecking University, Tongji University, Xian Jiao Tong Liverpool and Hult Business School. He is a CPA specialized in international taxation and is the author of articles and essays on issues of various kinds related to foreign investment in East Asia.
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