Mon, Feb 12, 2018 - Page 7 News List

Life drains from Little Africa
as China dream fades

Fortune seekers from Lagos to Luanda continue to descend on the area in Guangzhou, but economic shifts and xenophobia are causing an exodus of African migrants

By Tom Phillips  /  The Guardian, GUANGZHOU, China

However, Dieng said profits are increasingly elusive because of rising prices and increased competition from Chinese traders who take their products to Africa themselves.

“We know it’s the end,” he said.

Feika, who had studied theology before heading east to deal in Chinese denim, was more bullish.

Integrating into society had been tough, he said, adding: “I don’t really have very intimate Chinese friends.”

Yet, Feika was convinced the future is bright. Last year he earned an MBA from a local university and legally registered his first Chinese company: “Faith to Faith Logistics.”

“Good business is China,” Feika said. “True or false?”

Additional reporting by Wang Xueying

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