Wednesday, June 30, 2010

MarketWatch: Tiny Mauritius lures China with talent, Africa know-how

These established trade routes with Africa are a major draw for the Chinese developers of the Jinfei zone, a 521-acre project being hacked out of the red soil and undergrowth about a 10-minute drive north of the capital here that the government says will amount to a $750 million development, Mauritius' largest single foreign direct investment ever.

One of the first economic zones planned by China in Africa, it's a small part of Beijing's plans to greatly increase its foreign investments overseas - what the Chinese press calls the country's "going out" strategy. Read more...

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