China's Second Continent

China's Second Continent

How a Million Migrants Are Building a New Empire in Africa

Howard W. French

I asked him whether the Chinese government was helping businesses like his in this frontier export zone. He laughed, saying that Chinese state banks constantly offered easy money to finance trade. “The credit requirements are ridiculously easy. You hardly have to document anything,” he said. “China has too much money, with all those American dollars we are holding. There’s so much money that they don’t know what to do with it.”

Link · Chapter Ten: Fat of the Land