China-Africa and an Economic Transformation


Book Description

This volume considers China-Africa relations in the context of a global division of labour and power, and through the history and experiences of both China and Africa. It examines the core ideas of structural transformation, productive investment and industrialization, international trade, infrastructure development, and financing.




South Africa–China Relations


Book Description

With the pace of trade and investment picking up, coupled with closer international cooperation with Beijing through the G20, FOCAC and BRICS grouping, South Africa-China ties are assuming a significant position in continental and even global affairs. At the same time, it is a relationship of paradoxes, breaking with many of the assumptions that underpin contemporary analyses of ‘China-Africa’ ties. This edited volume examines the South Africa-China relationship through a survey of its diplomatic partnership, economic ties, and broader community relations. These important aspects that are often conflated as a single relationship, yet what is important to explore are how these components reflect different China-South Africa relationship(s), and how they intersect.




Africa’s Economic Partnership with China


Book Description

This book examines how increasing Africa-China relations in the fields of trade, development finance and investment have impacted productive capacities and structural economic transformation in sub-Saharan Africa (SSA). The book argues that statistical and empirical evidence shows that China’s influence has not substantially altered the fundamentals in Africa, and instead outlines a framework of policy conclusions and recommendations to help achieve transformational growth and development. Despite increased Chinese investments in transport, energy, communications, and manufacturing, sub-Saharan Africa is yet to see tangible economic and development benefits according to the multidimensional Productive Capacities Index (PCI). External trade is dogged by the same problems as during the colonial era, with primary commodities dominating exports to China, and industrial or manufacturing products dominating imports, thereby leaving the region exposed to external economic shocks. The book considers whether there are lessons to be learned from the experience of Asian countries such as Vietnam, proposing pragmatic, coordinated, non-ideological, and non-confrontational policy approaches to development. This book will be of interest to researchers, policymakers, advisors, academics, and practitioners with an interest in development in Africa, and China’s increasing role in the continent.




China and Africa


Book Description




China-Africa and an Economic Transformation


Book Description

This volume considers China-Africa relations in the context of a global division of labour and power, and through the history and experiences of both China and Africa. It examines the core ideas of structural transformation, productive investment and industrialization, international trade, infrastructure development, and financing.




China in Africa


Book Description

China’s expansion and growing influence in Africa is arguably the most remarkable global political and economic development in the 21st century. China’s foray into Africa started in the late 1990s, propelled by its desire to obtain new sources of raw materials and energy for its economic growth, as well as new markets for its manufactured goods. While China’s "no political strings attached" policy proves attractive to many of African leaders, China has been criticized as neo-colonialist, interested solely in stripping Africa of its mineral wealth without proper environmental or social precautions. This book addresses the controversy by exploring the motivations and practices of China’s African engagement, providing a comprehensive account of the intensified interactions between China and African states. The first part examines the debate surrounding whether China has pursued a neo-colonialist path in Africa, by looking at the perception of China by the locals and the challenges that the intensified relationship has posed for African states. The second part analyses China’s strategic motivations to see if Beijing has acquired sustaining power and influence in Africa in competition with the West. The third part focuses on economic and business practices of Chinese companies in Africa, as well as China-Africa trade patterns. The articles in this book were originally published in special issues of the Journal of Contemporary China.




China in Africa


Book Description

This book examines Sino-African relations and their impact on Africa. It argues that Africa’s relationship with China has had a profound impact on key sectors in Africa—economic and political development, the media, infrastructural development, foreign direct investments, loans, debt peonage, and international relations. The authors also analyze the imperialist and neo-colonialist implications of this relationship and discuss the degree to which the relationship is beneficial to Africa.




China's Power in Africa


Book Description

This book examines China’s political, economic, and diplomatic engagement in Africa. The rapid increase of China’s economic and political involvement in Africa is the most momentous development on the continent of Africa since the beginning of the twenty-first century. China is now Africa’s largest trading partner and the largest infrastructure financier. Additionally, it is the fastest growing economy and source of foreign direct investment. This monograph seeks to understand the dynamics of the escalating Chinese investments in African economies and the political implications of this development for Africa. This work will interest scholars, students, academics, and policy makers on the fields of Chinese and African politics, development studies, and international political economy.




Africa's Economic Partnership with China


Book Description

"This book examines how increasing Africa-China relations in the fields of trade, development finance and investment have impacted productive capacities and structural economic transformation in Sub-Saharan Africa. The book argues that statistical and empirical evidence shows that China's influence has not substantially altered the fundamentals in Africa, and instead outlines a framework of policy conclusions and recommendations to help to achieve transformational growth and development. Despite increased Chinese investments in transport, energy, communications, and manufacturing, sub-Saharan Africa is yet to see tangible economic and development benefits according to the multidimensional Productive Capacities Index (PCI). External trade is dogged by the same problems as during the colonial era, with primary commodities dominating exports to China, and industrial or manufacturing products dominating imports, thereby leaving the region exposed to external economic shocks. The book considers whether there are lessons to be learned from the experience of Asian countries such as Vietnam, proposing pragmatic, coordinated, non-ideological and non-confrontational policy approaches to development. This book will be of interest to researchers, policymakers, advisors, and practitioners with an interest in development in Africa, and China's increasing role in the continent"--




The Contemporary West African Economic Development and its Relations with China


Book Description

Research Paper (postgraduate) from the year 2012 in the subject Economics - Case Scenarios, grade: none, Xiamen University (Research School of South-east Asian studies), course: World Economy, language: English, abstract: The rise of China may well be the most significant trend today redefining the geopolitics of Asia and the world beyond. This reflects in the influx of economic activities from various foreign investors who are attracted to the existence of a market for their products and services in the over 1.3 billion populated country. This also has some connections with the country’s investments in other countries such as Sub Saharan Africa. For example Africa supplied 77% of oil, 13 % of metalliferous ore, 3% of cotton, 2% wood, 3% pear and precious stones to Chinese economy, and on the demand side African economy sourced 5% industrial equipment, 7% electrical appliances, 8% telecommunication equipment, 8% transport vehicles, 14% clothing wares, and 16% textiles from the Chinese economy. Essentially, this significant development about China has been severally linked to its ‘open-door policy’ which took effect from the 1980s Although, Sino-Nigerian economic interdependence has grown exponentially over the past few decades, the contemporary waves of diplomatic relations appear to a reasonable extent mutually beneficial. Nigeria’s quest for development with an aggressive campaign for FDI as one of the motivating forces has opened the economy which China is seen as an ideal business partner. Accordingly, this paper, through a critical review of the literature examines, and evaluates the opportunities and challenges abound in the nascent economic and trade relationships, and discusses the future prospects of the deals for the Chinese, Nigerian, and African socio-economic growth. Key Words: Africa, China, FDI, Economic, Nigeria, Relations, Investments