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Ethiopia is applying Chinese economic development by focusing on manufacturing as a key driver of economic growth, similar to China's approach in the past decades.
Ethiopia is applying Chinese economic development by focusing on manufacturing as a key driver of economic growth, similar to China's approach in the past decades. They aim to transition from an agriculture-based economy to a manufacturing-based one. This is done by attracting companies with cheap power and labor, expanding commercial farms, and modernizing technology. They also plan to improve infrastructure, which is crucial for manufacturing and industrial growth. Ethiopia sees itself as the "China of Africa" because it has the largest economy in East Africa and is experiencing a rapid economic boom, much like China did. They hope that this growth will create jobs and quell social unrest, mirroring China's economic strategy
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