Ethiopia, along with Kenya and Tanzania, will become the flagship of China Africa Cooperation, Chinese official remarked.
At a press briefing he gave on April 5, 2015 in Beijing, Ambassador Lin Songtian, Director-General of African Affairs with the Chinese Ministry of Foreign Affairs, said Ethiopia will be a special hub for Chinese products and technology in the near future and those who wish to buy Chinese products may not need to go all the way to China as they can easily access it in Ethiopia.
The director-general noted that Ethiopia has taken ice breaking measures that can set example for China's collaboration with Africa that mainly focus on industrialization.
Chinese companies have invested more than 100 billion USD last year in Europe and United States to buy assets, Songtian indicated, adding that this much investment would not go to these continents again if Africa is ready to absorb them.
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