Last week, Beijing released a plan to incentivize entrepreneurs and companies. Today, China’s top economic planning body announced another scheme to encourage private investment in a variety of projects, including public infrastructure.
For years, China’s sovereign wealth fund has made investments in large private American investment funds that finance startups and companies working on strategic or sensitive technology in the U.S. — but regulators have yet to investigate these activities.
A deal with the government of Angola could give Chinese-owned mines in Congo a railway to the Atlantic, but elsewhere in Africa, wariness about China-funded projects is growing.