China’s 'Red Sea' Diplomacy Dents Its Business In...

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2024-03-07 02:38:12 -

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China’s 'Red Sea' Diplomacy Dents Its Business In East Africa; Beijing's 'Neutral' Stance Just Not Working

China has particular exposure to Africa, with investments rising by 4.4 percent to US$1.8 billion in the first half of 2023. Chinese companies in East Africa, which borders the embattled Red Sea waterway, have found the going tough. Their production has been hampered because they cannot afford the more costly alternative transport options, analysts say. […]

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