Opportunity and challenge of Chinese enterprises mining investing in Africa revealed from the 19th Mining Indaba
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Abstract
The 19thmining Indaba reveals the global mining industry has been into downturn,the African mining is growing at a slow pace.The Chinese enterprises have been in Africa by the cooperation between the China and the Africa in the past severaldecades,and it has broad basis.There are new opportunities for the Chinese enterprises with the invested environment changes better and better by day,the effect of the cooperation between the China and the Africa in resource yield impressive results and the risk estimate of the Africa by the western country is too high.It brings new challenges for the Chinese enterprises withpolitical instability,weak infrastructure,and resource nationalism.The Chinese enterprises must been stepping up efforts to cope with that in the future.
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