News Snapshot:
China has been promoting its construction firms in Africa and within this framework major developmental projects are handed over to Chinese companies and funded by Chinese banks. Hydrocarbon rich and strategically located Mozambique in South-eastern Africa is emerging as an important country for China in the Indian Ocean Region. Mozambique has a very long coastal line along the Indian Ocean region and China enters Zambia and Zimbabwe through the Mozambique Channel. To have access to the latter land locked countries where China has massively invested in various projects, rail and road infrastructure are airlifted to Mozambique with the purpose of...
