Follow CGSP on Social Media

Listen to the CGSP Podcast

Chinese Companies Went on a Global Buying Spree in Q1 But Just Not in Africa

by Eric Olander

The London-based analytics firm GlobalData released a new report this week that highlights how Chinese companies are looking to buy distressed assets around the world as prices slump due to the deteriorating global economy.

The Chinese appear eager to take advantage of low asset prices in many countries, particularly in Asia, Europe, and North America, brought on by the COVID-19 pandemic:

  • Get a daily email packed with the latest China-Africa news and analysis.
  • Read exclusive insights on the key trends shaping China-Africa relations.
  • Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.

China, Africa and the Global South... find out what’s happening.

Subscribe today for unlimited access.

OR

Already a subscriber? Log in Click Here to Learn More

You Might Like

Even Amid a Pandemic, Chinese FDI in Africa Jumped Almost 10% Last Year

Chinese foreign direct investment in Africa increased by 8% in 2020 compared to the previous year, from $2.7 billion to $2.96 billion. Including the 2020 investments, the total Chinese FDI on the continent ...

Africa Accounts For Just 1.7% of China’s Total Global Investment Stock, Says MOFCOM

Even amid the pandemic, Chinese investment overseas last year increased by 12.3% to $153.71 billion, according to a new report published last week by the Ministry of Commerce, National Bureau of Statistics, and ...

China Remains Africa’s Largest Source of FDI and Job Creation, Says EY’s Annual Investment Report

China was the leading source of foreign direct investment in Africa from 2016 to 2020 in terms of both jobs and capital invested, but third behind the United States and France in terms ...

What is The China-Global South Project?

Independent

The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or culture.

News

A carefully curated selection of the day’s most important China-Global South stories. Updated 24 hours a day by human editors. No bots, no algorithms.

Analysis

Diverse, often unconventional insights from scholars, analysts, journalists and a variety of stakeholders in the China-Global South discourse.

Networking

A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.

Subscribe

[NEW PODCAST] Why It's Not China's Fault That Its Trade With Africa is So Distorted

Listen Now
X