Chief Economist, African Development Bank
At the World Economic Forum meeting in Davos from 25-29 January, Mthuli Ncube welcomed Chinese investment but cautioned that Chinese and African governments should ensure local partners share in the economic boom, for example through joint ventures. China plays a key role in the optimistic outlook for Africa, which Ncube predicted would achieve 6% growth in 2011. However, Ncube argues that Chinese resource demand will drop off within ten years....
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