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China's factory activity remained robust in February after the Caixin/Markit Manufacturing Purchasing Managers' Index rose to 49.9 from 48.3 in January, a three-month high indicating an easing of the downside growth pressures.
China's investment in Africa has totalled over 0 billion and the country has built more than 20 economic zones in the continent, with more planned, according to Huo Jiangtao, assistant dean of the Institute for African Studies at Guangdong University of Foreign Studies.
China's development creates opportunities rather than challenges, still less threats, to Europe.
China's manufacturing activity rebounded to expansionary territory in November after a six-month streak of contraction. This indicates that growth is stabilizing and business confidence is improving in light of supportive government policies, analysts said on Sunday.
China's efforts to open up the financial markets are also making the country an even more attractive investment destination for international institutions.