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CAPE TOWN , May 24, 2012 (IPS) - The reality of Indian and Chinese investment in Africa is much more complex than the good cop, bad cop image of Asia’s two emerging economic giants. China and India have caused an explosion of trade and investment in Africa in the past decade.
Yet they are perceived quite differently: China has a reputation for economic ruthlessness, while India’s business interests are generally seen as beneficial to Africa.
But their investment in Africa needs to be viewed in the context of broader investment trends on the continent, trade experts said at the “Money, Power and Sex: the Paradox of Unequal Growth” conference organised by the Open Society Institute of Southern Africa, which is taking place from May 22 to 24 in Cape Town, South Africa.