China Embraces The Red Sea Crisis

China Embraces The Red Sea Crisis

EurAsian Times

China has particular exposure to Africa, with investments rising by 4.4 percent to US$1.8 billion in the first half of 2023. Chinese companies in East Africa, which borders the embattled Red Sea waterway, have found the going tough. This is why Chinese traders do not feel happy using the circuitous air, land, and sea routes for safety.

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