U.S. Investment in African University Fails as China Advances

  • 📰 WSJ
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

In African higher education, China is racing ahead

When the U.S. government’s private-investment arm teamed with New York-based real-estate investor W.P. Carey Inc. to finance the expansion of a prestigious university in Ghana, it was meant to demonstrate a novel for-profit funding model for development projects in Africa.

Instead, it left a wasteland of unfinished lecture halls, dormitories and a pile of litigation. And it marked a high-profile setback for U.S. government efforts to counter China’s growing investment influence on the continent.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

__Starter iamslick , Thoughts🤔

What is China doing?

Very seriosky qwestions. GOP GOPChairwoman GOPLeader GaRepublicans SenTedCruz GovAbbott txgopfinance

USA died on THIS day.

Who cares where the money comes from...

This is why America is failing because of leaders that are white are racist. Why would the world want America?

America first

China is using its vast financial reserves acquired in recent decades to expand its political influence in the world, while the U.S. is isolating itself in a foreign policy. A unique opportunity that the Chinese are enjoying very well!

Please help Hong Kong !!

What happens with Africans providing for their own higher education? rather than the elites being corrupt, they actually use their counties' resources to improve their people's quality of lives?

If China wants to invest in Africa, so what? The Africans can say yes or no.

Ask Harvard about this. It’s why the Chinese need higher scores to get in to our prestigious universities. They are killing it! . There is nothing wrong with admitting that Chinese people are smarter and their culture has it so they study and work harder. Nice job! 😀

China is generally well done in so many areas!

China is continuing to make positive strides on the continent of Africa.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Foreign Investment In U.S. Real Estate PlungesThe U. S. housing market has hit another stumbling block, as purchases of homes by foreign buyers has dropped a dramatic 36%, according to a report by the National Association of Realtors. So now Americans can start buying? Great Another consequence of tariffs; as imports decrease, it seems that foreign buyers now have fewer US dollars from which to buy US property That's good news in my opinion. Foreign investors drive the cost of homeownership through the roof. We should be encouraging domestic homeownership not foreign investment in the first place.
Source: Forbes - 🏆 394. / 53 Read more »