Chinese consumer brands flood into Africa as old investment model fades and exports jump 28% [MSNBC.com]
Bilibili Inc. - American Depositary Shares (BILI)
Last bilibili inc. - american depositary shares earnings: 3/17 07:00 pm
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Source: MSNBC.com
A picture taken on December 8, 2014 in Abidjan shows a Chinese shoe dealer in a transaction at Adjamene's market.Sia Kambou | Afp | Getty ImagesChinese business dealings in Africa, once dominated by state-owned enterprises, are now increasingly shifting toward consumer products from the private sector.While Africa's faster-growing economies, such as Kenya, Uganda and Zambia, see annual growth rates of 4.8%, 6.4% and 5.8%, respectively, the GDP of the overall continent's 50-plus countries is 4.1%. That is according toIMF's economic outlook reportChinese investments in Africa's resource-intensive sectors have declined by roughly 40% since their 2015 peak, amid weaker returns and falling construction revenues in traditional commodity industries, according toRhodium Group China Cross-Border MonitorMeanwhile, China's exports to Africa have surged by 28% year-on-year over the first three quarters of 2025, following a 57% increase from 2020 to 2024, the report said. Most of those products ar
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BILI
Earnings
- 11/13/25 - Beat
BILI
Sec Filings
- 12/5/25 - Form 6-K
- 11/20/25 - Form 6-K
- 11/13/25 - Form 6-K
- BILI's page on the SEC website