{"id":626009,"date":"2018-08-28T03:41:19","date_gmt":"2018-08-28T03:41:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/28\/chinese-funded-infrastructure-projects-are-jeopardizing-growth-development-in-africa\/"},"modified":"2018-08-28T03:41:19","modified_gmt":"2018-08-28T03:41:19","slug":"chinese-funded-infrastructure-projects-are-jeopardizing-growth-development-in-africa","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/28\/chinese-funded-infrastructure-projects-are-jeopardizing-growth-development-in-africa\/","title":{"rendered":"Chinese-funded infrastructure projects are jeopardizing growth, development in Africa"},"content":{"rendered":"<p><strong>Chinese-funded infrastructure projects are jeopardizing growth, development in Africa:<\/strong> China\u2019s \u201cweighty engagement\u201d in African infrastructure projects has had an adverse effect on economic growth and development in the continent, Luke Patey writes for <a href=\"https:\/\/www.ft.com\/content\/ca4072f6-a79f-11e8-a1b6-f368d365bf0e\">the Financial Times<\/a>. The Asian powerhouse has invested heavily in various projects across Africa in hopes of spurring industrialization, but the high costs and low quality have only served to create heavy burdens of debt and disincentivize new investments. \u201cTo be productive and contribute to economic development, infrastructure needs to be high-quality and high-performing. And the evidence shows that China\u2019s infrastructure-driven economic model has been far from efficient and is one to avoid rather than emulate.\u201d Patey suggests that African countries should wean themselves off of Chinese engagement, and instead look among themselves for more rewarding alliances.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese-funded infrastructure projects are jeopardizing growth, development in Africa: China\u2019s \u201cweighty engagement\u201d in African infrastructure projects has had an adverse effect on economic growth and development in the continent, Luke Patey writes for the Financial Times. The Asian powerhouse has invested heavily in various projects across Africa in hopes of spurring industrialization, but the high [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9272],"tags":[72,1510],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-626009","post","type-post","status-publish","format-standard","hentry","category-the-macro-picture","tag-enterpriseam","tag-the-macro-picture","wpautop","entry"],"acf":{"mongo_id":"86334959-2380-47be-afcb-c407d035df4c","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[625991],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Chinese-funded infrastructure projects are jeopardizing growth, development in Africa - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/28\/chinese-funded-infrastructure-projects-are-jeopardizing-growth-development-in-africa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chinese-funded infrastructure projects are jeopardizing growth, development in Africa\" \/>\n<meta property=\"og:description\" content=\"Chinese-funded infrastructure projects are jeopardizing growth, development in Africa: China\u2019s \u201cweighty engagement\u201d in African infrastructure projects has had an adverse effect on economic growth and development in the continent, Luke Patey writes for the Financial Times. The Asian powerhouse has invested heavily in various projects across Africa in hopes of spurring industrialization, but the high [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/28\/chinese-funded-infrastructure-projects-are-jeopardizing-growth-development-in-africa\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-28T03:41:19+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/28\/chinese-funded-infrastructure-projects-are-jeopardizing-growth-development-in-africa\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/28\/chinese-funded-infrastructure-projects-are-jeopardizing-growth-development-in-africa\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Chinese-funded infrastructure projects are jeopardizing growth, development in Africa\",\"datePublished\":\"2018-08-28T03:41:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/28\/chinese-funded-infrastructure-projects-are-jeopardizing-growth-development-in-africa\/\"},\"wordCount\":141,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"THE MACRO PICTURE\"],\"articleSection\":[\"THE MACRO PICTURE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/28\/chinese-funded-infrastructure-projects-are-jeopardizing-growth-development-in-africa\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/28\/chinese-funded-infrastructure-projects-are-jeopardizing-growth-development-in-africa\/\",\"name\":\"Chinese-funded infrastructure projects are jeopardizing growth, development in Africa - 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