Access Partnership’s China Practice Lead Xiaomeng Lu spoke to Forbes on China’s ambitions in Africa:
“Chinese companies’ high-risk tolerance, low profit margin business model fares well in the developing world. China’s commercial sector’s interest overlaps with its government’s initiative in these geographies. For example, Huawei operates on very thin profit margin and is the industry leader in many emerging markets where western competitors such as Nokia and Ericsson failed to make profit.”
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