China has over 2300 development projects in Africa!
Valued at $94B
Chinese QE for mainland development is tagged as valued at US$1T
Even presumptive US President Trump has promised to bring back mining in the US and the steel and coal industries and engage in a massive infrastructure development programme in the US.
Where will all this steel come from to build all of this?
What effect will this have on the global economy & on IOP?
"These are just two findings from research published today by AidData, along with a massive, updated dataset tracking more than $94 billion in Chinese funding to 50 African countries over the period 2000-2013.
The analysis in Apples and Dragon Fruits was made possible through a large and ongoing open-source data collection and triangulation initiative at AidData (http://aiddata.org/) that to date has helped identify more than 2,300 Chinese development projects in Africa (viachina.aiddata.org). The updated (1.2) version of AidData’s Chinese Official Finance to Africa dataset -- also released today -- reflects and includes:"
