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Africa economic growth

The State of Chinese Mainland Banks and Their Impact on Africa’s Economic Growth

By Banking & Finance, Financial & Risk Consulting

The financial landscape of China has undergone profound structural changes in recent years, significantly influencing the global economy, particularly Africa. Chinese mainland banks, which were once primarily domestically focused, have now extended their reach across international markets, playing a crucial role in shaping trade, investment, and economic policies in developing regions. Africa, in particular, has been a major beneficiary of Chinese banking expansion due to China’s increasing strategic and economic interest in the continent.

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