Page added on September 16, 2006
In its need for more fuel to supply an expanding economy, China is pursuing a dynamic “holistic” approach to energy partnerships in Africa that has surprised many Western competitors, says South African Warrick Davies-Webb.
Their approach has become surprisingly sophisticated over the past 10 years, leading to partnerships with African state oil companies that now account for more than 10 percent of China’s total oil imports, Davies-Webb said. During that period, China invested more than $4 billion in Sudan alone, he said.
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