Zur Rolle Chinas in Äthiopien: „China is building this city from the ground up,” said Welibuw, a local food seller in the area around the stadium. Without China, not much would happen around here.”The roughly $160 million construction project is one of many highly visible, Beijing-backed mega-projects — from hydropower dams to skyscrapers — that have helped make China Ethiopia’s largest trading partner.
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Over the course of the last decade, Ethiopia has become increasingly dependent on Chinese investment.
The Export-Import Bank of China put up $2.9 billion of the $3.4 billion railway project connecting Ethiopia to Djibouti, providing the landlocked country access to ports. Chinese funds were also instrumental in the construction of Ethiopia’s first six-lane highway — an $800 million project — the metro system, and several skyscrapers dotting Addis Ababa’s skyline.
Beijing also accounts for nearly half of Ethiopia’s external debt and has lent at least $13.7 billion to Ethiopia between 2000 and 2018, data compiled by John Hopkins University School of Advanced International Studies shows.“
https://www.politico.com/news/2020/02/07/ethiopia-china-west-power-competition-110766