The slow motion revolution sweeping across China as the state-owned banks assert their independence from Beijing's directives will mean a much wider range of financing available to Africa. Commercial rivalries and diminishing coordination may make it harder to work with the banks, which remain at the core of China's Africa strategy.
China Exim Bank and Sinosure are together expected to become
the world's largest export credit agencies by 2010, according
to the Export-Import Bank of the United States, just two
decades after...