African Economies, and Hopes for New Era, Are Shaken by China - The New York Times

GRS All Africa RSs

4 cover

economy, recovery, recession, China

> http://www.nytimes.com/2016/01/26/world/africa/african-economies-and-hopes-for-new-era-are-shaken-by-china.html?ref=world&mtrref=www.nytimes.com&gwh=158D8A113BB0B727CE0BF51619D8106A&gwt=pay <http://www.nytimes.com/2016/01/26/world/africa/african-economies-and-hopes-for-new-era-are-shaken-by-china.html?ref=world&mtrref=www.nytimes.com&gwh=158D8A113BB0B727CE0BF51619D8106A&gwt=pay>
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> African Economies, and Hopes for New Era, Are Shaken by China
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> JOHANNESBURG — Years of rapid economic growth across sub-Saharan Africa fueled hopes of a prosperous new era. To many, the world’s poorest continent was finally emerging, with economies that were no longer dependent on the fickle global demand for Africa’s raw resources.
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> But as China’s economy <http://topics.nytimes.com/top/news/international/countriesandterritories/china/business_and_economy/index.html> slows and its once seemingly insatiable hunger for Africa’s commodities wanes <http://www.nytimes.com/2016/01/10/business/international/chinas-hunger-for-commodities-wanes-and-pain-spreads-among-producers.html>, many African economies are tumbling, quickly.
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