Beijing finds itself cornered by Africa as they cancel China-led projects

China is increasingly finding itself being cornered by African countries on investment-related matters with several of them cancelling their contracts with Chinese companies, according to a media report.

The Singapore Post in an article on Monday said some of the countries had cancelled contracts as the “shoddy” work of the Chinese companies had become a source of tension for the ruling dispensations in several nations across the African continent.

After Ghana cancelled the contract of the Beijing Everyway Traffic and Lighting Tech company, which was to develop an intelligent traffic management system for the country, President of the Democratic Republic of Congo (DRC) Felix Tshisekedi called for a review of mining contracts previously signed with China in 2008, the publication said.