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Our Most Recent Simulation:
China as Africa’s De Facto World Bank

In November, Wikistrat ran a multi-week simulation of China’s expanding investment and trade presence across Africa, exploring what it meant for globalization when China becomes the de facto World Bank for the continent. This simulation was triggered by the fact that China’s aid and developmentally focused investments recently surpassed those of the Bank, an unprecedented situation for a still developing economy that reflects the seven-fold increase in Chinese trade with Africa over the past decade. While China’s presence in Africa is clearly driven by its voracious appetite for natural resources, it’s likewise clear that a geo-strategic relationship is forming that signals the continent’s new Asia-ward tilt – just as the fiscally-strapped West enters a significant period of reduced global reach.