China’s decades-long growth miracle drove the biggest global commodities boom in a generation. Despite China’s GDP slowing, its impact, particularly in Africa, is wide-ranging and nowhere near over.
On his recent trip to Morocco, Aaron noticed a prevailing economic theme in the northern African nation: China’s widespread presence there. China’s investment in Morocco continues to grow and reflects China’s broader Belt and Road Initiative (BRI) strategy to deepen economic ties with Africa. In 2016, Morocco joined the Belt and Road Initiative, further facilitating cooperation in the manufacturing, logistics, and technology sectors. A few key highlights include:
Morocco’s trade with China has surged over 500% in the last decade. Examples of increased economic activity between the two nations are everywhere. China has invested heavily in the construction of the Mohammed VI Tangier Tech City, a $10 billion project launched in 2017. This ambitious project is designed to be a hub for Chinese companies looking to invest in Morocco and the …