Chinese steel firm Shandong Iron and Steel Group plans to invest $700m iron ore processing plant at its Tonkolili mine in Sierra Leone. Shandong currently exports all of the ore it produces at its mine to the Port of Qingdao in China in an unprocessed state. The investment, which was discussed by Sierra Leone’s President Ernest Bai Koroma during
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China Focus: China’s “prescription” for world economy echoed Source: Xinhua 2016-09-07 23:37:52 GUANGZHOU, Sept. 7 (Xinhua) — World leaders, international institutions, and company representatives attending the 2nd “Investing in Africa Forum” are calling for innovative ways to rejuvenate economic growth, which coincides with China’s “prescription” for the world at the recent G20 summit. “I think
By Oluniyi Robbin-Coker (China Daily Europe) It was only 30 years or so ago that countries in Africa would view images of China on Western media and think to themselves: “We are in the same boat.” But oh how the story has changed. China has been able to harness its history, people, culture, know-how and