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Economy

Nation's investment in Africa falls

1
2015-11-18 09:13Global Times Editor: Li Yan

Chinese investment in Africa fell by more than 40 percent year-on-year in the first half of 2015, officials said Tuesday, as the Asian giant's slowing growth dented its commodity demand.

Natural resources from Africa have helped fuel China's economic boom, and it became the continent's largest trade partner in 2009.

But growth in the world's second-largest economy has slowed to its lowest rates since the aftermath of the global financial crisis, reducing commodity prices worldwide.

  

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