Chinese investors are awaiting the resolution of Sudan’s civil war to resume operations. Zheng Xiang from the Chinese embassy expressed readiness to assist in the country’s reconstruction once stability returns. Agreements made between Sudan’s leadership and China underscore the ongoing interest in collaboration despite current challenges.

Chinese investors are currently refraining from engaging in Sudan due to ongoing civil conflict; however, they have expressed intentions to re-enter once stability is restored. Zheng Xiang, the chargé d’affaires of the Chinese embassy in Sudan, indicated that companies are eager to assist in the nation’s reconstruction efforts and are in negotiations to address Sudan’s debt challenges. Zheng emphasized the need for peace and security, stating their hope to resume operations promptly. This optimism follows a recent meeting between Sudan’s de facto leader, Abdel-Fattah Al-Burhan, and Chinese President Xi Jinping, where strategic agreements were established to facilitate future collaboration. The discussions reflect a significant interest from Chinese firms in supporting Sudan’s recovery.

The ongoing civil war in Sudan has led to a substantial decline in foreign investment, particularly from China, which has historically been involved in various infrastructure and development projects in the country. As the conflict continues, both the Sudanese government and foreign investors, notably from China, are seeking strategies to navigate the economic challenges. The potential for reconstruction post-conflict presents new opportunities for investors motivated by the prospect of long-term benefits in a nation rich in resources yet burdened by instability.

In conclusion, while the current civil strife in Sudan has deterred Chinese investors, there exists a significant willingness from their side to return and contribute to the nation’s rebuilding process once peace is achieved. The dialogues and agreements established at a recent high-level meeting signal a commitment from China to strengthen its economic ties with Sudan, contingent upon stabilization efforts. This mutually beneficial relationship, if realized, could significantly impact Sudan’s recovery and economic resurgence.

Original Source: www.scmp.com

Related posts:

Sudan’s Foreign Minister Meets Egyptian Counterpart Amid Ongoing Crisis Peru and China to Enhance Economic Partnership with Free-Trade Agreement Xi Jinping’s Visit to Peru: Strengthening China’s Ties in Latin America Local Dissent Surrounds China’s Newly Unveiled Mega Port in Peru