Analysis of Approvals for Chinese Companies to Invest in Africa's Mining, Agriculture and Forestry Sectors

Analysis of Approvals for Chinese Companies to Invest in Africa's Mining, Agriculture and Forestry Sectors PDF Author: Wenbin Huang
Publisher:
ISBN:
Category :
Languages : en
Pages :

Get Book Here

Book Description
The impacts of Chinese investment in and trade with Africa have become the subject of much speculation. CIFOR's 'Chinese trade and investment in Africa' project seeks to understand the impacts of China's role in shifting global trade flows and investment patterns on forests in 2 African eco-regions, the Congo Basin and the southern African woodlands, with a focus on sectors with potential direct impacts on forests: mining, forestry and agriculture. The lack of a comprehensive database of Chinese investments in Africa makes it difficult to build a picture and analyse trends and patterns. The analysis in this working paper draws on a database (spanning 1983 to 2010) of approvals by the Ministry of Commerce of the People's Republic of China (MOFCOM) for Chinese companies to engage in overseas investments. Records in the database indicate the companies' intent to invest overseas, but do not record actual investments that were completed. Additional sources are used to characterise trends in Chinese merger and acquisition activities in the sectors of concern in Africa. The database contains 1346 records of approvals for Chinese companies to invest in Africa from 1988 to 2010, representing 8.47% of all approvals for overseas investment awarded to Chinese companies. Before 2002, fewer than 10 approvals were made per year. After 2002, approvals grew at an annual average rate of 250%, reaching 388 in 2010. Of these, 278 approvals were for the mining, forestry and agriculture sectors, of which 128 (44%) were in the 2 eco-regions of interest to the CIFOR project. In the mining sector, there were 209 approvals, with 70% concentrated in 10 countries ...

Analysis of Approvals for Chinese Companies to Invest in Africa's Mining, Agriculture and Forestry Sectors

Analysis of Approvals for Chinese Companies to Invest in Africa's Mining, Agriculture and Forestry Sectors PDF Author: Wenbin Huang
Publisher:
ISBN:
Category :
Languages : en
Pages :

Get Book Here

Book Description
The impacts of Chinese investment in and trade with Africa have become the subject of much speculation. CIFOR's 'Chinese trade and investment in Africa' project seeks to understand the impacts of China's role in shifting global trade flows and investment patterns on forests in 2 African eco-regions, the Congo Basin and the southern African woodlands, with a focus on sectors with potential direct impacts on forests: mining, forestry and agriculture. The lack of a comprehensive database of Chinese investments in Africa makes it difficult to build a picture and analyse trends and patterns. The analysis in this working paper draws on a database (spanning 1983 to 2010) of approvals by the Ministry of Commerce of the People's Republic of China (MOFCOM) for Chinese companies to engage in overseas investments. Records in the database indicate the companies' intent to invest overseas, but do not record actual investments that were completed. Additional sources are used to characterise trends in Chinese merger and acquisition activities in the sectors of concern in Africa. The database contains 1346 records of approvals for Chinese companies to invest in Africa from 1988 to 2010, representing 8.47% of all approvals for overseas investment awarded to Chinese companies. Before 2002, fewer than 10 approvals were made per year. After 2002, approvals grew at an annual average rate of 250%, reaching 388 in 2010. Of these, 278 approvals were for the mining, forestry and agriculture sectors, of which 128 (44%) were in the 2 eco-regions of interest to the CIFOR project. In the mining sector, there were 209 approvals, with 70% concentrated in 10 countries ...

Chinese Investment in Africa

Chinese Investment in Africa PDF Author: Freedom Mazwi
Publisher: Springer Nature
ISBN: 3031528158
Category :
Languages : en
Pages : 189

Get Book Here

Book Description


The Global Forest Sector

The Global Forest Sector PDF Author: Eric Hansen
Publisher: CRC Press
ISBN: 1439879281
Category : Nature
Languages : en
Pages : 464

Get Book Here

Book Description
Changes in production, demand, supply, and trade patterns; the impact of green building and bioenergy on industry practices and policy infrastructure; and new economies with production advantages and large consumption bases all present challenges and opportunities in the forest sector. With contributions from leading experts in academia and profess

New South African Review 4

New South African Review 4 PDF Author: Devan Pillay
Publisher: NYU Press
ISBN: 1868147975
Category : Political Science
Languages : en
Pages : 697

Get Book Here

Book Description
A series of essays taking an account of the milestones of South African democracy in order to give a multidimensional perspective of South Africa. The death of Nelson Mandela on 5 December 2013 was in a sense a wake-up call for South Africans, and a time to reflect on what has been achieved since 'those magnificent days in late April 1994' (as the editors of this volume put it) 'when South Africans of all colours voted for the first time in a democratic election'. In a time of recall and reflection it is important to take account, not only of the dramatic events that grip the headlines, but also of other signposts that indicate the shape and characteristics of a society. The New South African Review looks, every year, at some of these signposts, and the essays in this fourth volume of the series again examine and analyse a broad spectrum of issues affecting the country. They tackle topics as diverse as the state of organised labour; food retailing; electricity generation; access to information; civil courage; the school system; and - looking outside the country to its place in the world - South Africa's relationships with north-east Asia, with Israel and with its neighbours in the southern African region. Taken together, these essays give a multidimensional perspective on South Africa's democracy as it turns twenty, and will be of interest to general readers while being particularly useful to students and researchers.

China's Iron Ore Boom

China's Iron Ore Boom PDF Author: Luke W. L. Hurst
Publisher: Routledge
ISBN: 1317194837
Category : Business & Economics
Languages : en
Pages : 162

Get Book Here

Book Description
China’s emergence as the world’s second largest economy has been driven by more than four decades of explosive growth. To support this expansion, China has required massive expansion in its steel production capacity, which is highly correlated to its demand for iron ore imports. The scale and pace of China’s iron ore demand shock has pushed the global iron ore market into a historical adjustment. Using economic frameworks, this book brings to bare new data and field observations throughout Asia and Africa to investigate how the rapid growth in China’s iron ore demand has affected the organisation and structure of the global iron ore market. The research provides several important contributions to the extant literature including analysis of whether the Big Three Asian market iron ore exporters coordinated to sustain the profits arising from the price boom; estimating the financial impact of the Chinese state’s intervention in iron price negotiations; and addressing the concerns arising from the Chinese state’s provision of cheap financial support for its companies’ iron ore procurement. Offering unique insights into China’s economic rise and the structure of the iron ore market, this book will be relevant to students and scholars of resource economics, and the Australian and Chinese economies.

Arctic Law and Governance

Arctic Law and Governance PDF Author: Timo Koivurova
Publisher: Bloomsbury Publishing
ISBN: 1509911499
Category : Law
Languages : en
Pages : 410

Get Book Here

Book Description
The objective of this book is to identify similarities and differences between the positions of Finland (as an EU Member State) and China, on Arctic law and governance. The book compares Finnish and Chinese legal and policy stances in specific policy areas of relevance for the Arctic, including maritime sovereignty, scientific research, marine protected areas, the Svalbard Treaty and Arctic Council co-operation. Building on these findings, the book offers general conclusions on Finnish and Chinese approaches to Arctic governance and international law, as well as new theoretical insights on Arctic governance. The book is the result of a collaboration between The Northern Institute for Environmental and Minority Law (Arctic Centre, University of Lapland) and researchers from Wuhan University.

The developmental implications of Sino-African economic and political relations

The developmental implications of Sino-African economic and political relations PDF Author: George Schoneveld
Publisher: CIFOR
ISBN:
Category :
Languages : en
Pages : 47

Get Book Here

Book Description
This scoping study evaluates the nature, scope, and scale of Chinese trade and investment relations in the primary sector of mineral-rich Zambia. It details how, despite diplomatic ties dating back to the liberation struggle of the 1960s, economic and political relations between the two countries matured only over the 2000s. This has focused primarily on the mining sector, with Chinese companies, many of which are state owned, investing heavily in mineral prospecting, copper mining and smelting, and associated (service) industries. With most investment activities targeting the mining sector, contrary to popular perception, China’s direct participation in other primary sectors, such as forestry and agriculture, is negligible.
With Zambia’s economy long struggling under external debts, Chinese investments have made a valuable contribution to Zambia’s economic recovery. Most significantly, capital injections in the mining sector have led to a rehabilitation of dilapidated mining infrastructure, while enhancing the country’s production capacity through the construction of new processing facilities and the development of greenfield mines. These investments have proven to be more stable and less subject to commodity price fluctuations than their Western counterparts. Moreover, while Chinese investors are widely criticized for their poor corporate performance, on most labor-related and environmental dimensions, Chinese mines perform on-par with industry averages. Chinese investors do appear more inclined to rely on close relations with the Zambian government and geographic clustering with other Chinese investors to forge a favorable and stable operating environment, which could adversely impact on their social responsiveness and government revenue generation. However, early evidence appears to contradict many of the long-held assumptions about Chinese economic and political participation in resource-rich countries.

Chinese trade and investment and the forests of the Congo Basin

Chinese trade and investment and the forests of the Congo Basin PDF Author: Louis Putzel
Publisher: CIFOR
ISBN:
Category : China
Languages : en
Pages : 54

Get Book Here

Book Description
Since 2000 and the implementation of China’s ‘going abroad’ policy, mainland Chinese state-owned and private companies have significantly increased their interests in the resources and investment opportunities of the Congo Basin, bringing new opportunities as well as potential social and environmental costs. This report is a synthesis of some main findings of preliminary scoping studies conducted by CIFOR and partners in Cameroon, Democratic Republic of Congo and Gabon. It focuses on how Chinese trade and investment in the forestry, mining and agricultural sectors might relate to effects on forests and forest-dependent communities in the region. All studies were conducted under the CIFOR project ‘Chinese trade and investment in Africa: Assessing and governing trade-offs to national economies, local livelihoods and forest ecosystems’, initiated in 2010. The scoping studies yielded useful results, including an increased understanding of the main trends in natural resources trade between the target countries and China, and the major land-based productive sectors targeted by Chinese investors. The studies also considered the role of national agencies tasked with promoting investment and overseeing corporate adherence to environmental and social requirements, and provided a better understanding of the informal processes surrounding investment and acquisition of land and other resources.

Will Africa Feed China?

Will Africa Feed China? PDF Author: Deborah Brautigam
Publisher: Oxford University Press, USA
ISBN: 019939685X
Category : Business & Economics
Languages : en
Pages : 249

Get Book Here

Book Description
"In Will Africa Feed China?, Deborah Brautigam, one of the world's leading experts on China and Africa, challenges the conventional wisdom that the Chinese are leading the great African land grab. Her eye-opening analysis sheds new light on the myths and realities of China's evolving global quest for food security"--

Asian Foreign Direct Investment in Africa

Asian Foreign Direct Investment in Africa PDF Author: United Nations Development Programme
Publisher: United Nations Publications
ISBN: 9211127122
Category : Business & Economics
Languages : en
Pages : 198

Get Book Here

Book Description
Foreign direct investment (FDI) in Africa by developing Asian economies is growing and has the potential to reach much higher levels. The present report notes that Africa-bound FDI is still a small percentage of the rapidly climbing foreign investments being made by Asian transnational corporations. The rapid economic growth in Asia can be expected to lead to increased Asian investments in Africa, in both natural resources and manufacturing. In particular, the rapid industrial upgrading taking place in Asia provides ample opportunities for Africa to attract efficiency-seeking and export-oriented FDI from Asian economies. Publishing Agency: United Nations.