A New Form Of Chinese Expansion Into Africa

Is there an alternative to the highly criticised large-scale Chinese acquisitions of African assets? Critics suggest Chinese investment in Africa disregards environmental laws, labour standards and human rights, hence a softer form of China-Africa corporate interaction is perhaps in order. The China-Africa Development Fund (CADF), which has emerged as a source of finance for small, cash-scarce Chinese companies seeking to set up operations in Africa, could be the human face of Chinese investment in Africa. Investments only range from US$5 to US$50mn. It certainly is among the first Chinese funds to require an environmental and labour protection assessment of the

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