‘Out of Africa’—Beijing Slashes Investment Up to 85 Percent

What does that say about the state of China’s economy?

A general view of a Chinese military vessel docked at the port in Richards Bay, as South Africa embarked on a 10-day joint military exercise with Russia and China, in South Africa, on Feb. 22, 2023.Guillem Sartorio/AFP via Getty Images

Commentary

For more than a decade, China’s footprint across Africa has expanded at a phenomenal pace.