The Contemporary West African Economic Development and its Relations with China

The Contemporary West African Economic Development and its Relations with China PDF Author: Lawrence Okolo Abutu
Publisher: GRIN Verlag
ISBN: 3656345945
Category : Business & Economics
Languages : en
Pages : 26

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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

The Contemporary West African Economic Development and its Relations with China

The Contemporary West African Economic Development and its Relations with China PDF Author: Lawrence Okolo Abutu
Publisher: GRIN Verlag
ISBN: 3656345945
Category : Business & Economics
Languages : en
Pages : 26

Get Book Here

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

China and Africa Development Relations

China and Africa Development Relations PDF Author: Christopher M. Dent
Publisher: Routledge
ISBN: 1136924280
Category : Business & Economics
Languages : en
Pages : 205

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Book Description
Provides an overview of how the China-Africa relationship has evolved over the years and examines whether it presents a different paradigm of 'development relations' in the international system. This book investigates what is particularly special about the development partnership between Africa and China.

Africa's Shadow Rise

Africa's Shadow Rise PDF Author: Doctor Padraig Carmody
Publisher: Zed Books Ltd.
ISBN: 178699481X
Category : Social Science
Languages : en
Pages : 241

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Book Description
For years economists have spoken of ‘Africa rising’, and despite the global financial crisis, Africa continues to host some of the fastest growing economies in the world. Africa’s Shadow Rise however argues that the continent’s apparent economic ‘rise’ is essentially a mirage, driven by developments elsewhere - most particularly the expansion in China's economy. While many African countries have experienced high rates of growth, much of this growth may prove to be unsustainable, and has contributed to environmental destruction and worsening inequality across the continent. Similarly, new economic relationships have produced new forms of dependency, as African nations increasingly find themselves tied to the fortunes of China and other emerging powers. Drawing on in-depth fieldwork in southern Africa, Africa’s Shadow Rise reveals how the shifting balance of global power is transforming Africa’s economy and politics, and what this means for the future of development efforts in the region.

China in Africa

China in Africa PDF Author: Sabella O. Abidde
Publisher: Rowman & Littlefield
ISBN: 1793612331
Category : Political Science
Languages : en
Pages : 397

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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 in Africa

China in Africa PDF Author: Suisheng Zhao
Publisher: Routledge
ISBN: 1317481852
Category : Social Science
Languages : en
Pages : 233

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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 and North Africa

China and North Africa PDF Author: Adel Abdel Ghafar
Publisher: Bloomsbury Publishing
ISBN: 0755641841
Category : History
Languages : en
Pages : 265

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Book Description
As the United States slowly disengages from the Middle East and Europe faces internal challenges, a new actor is quietly exerting greater influence across North Africa: China. Beijing's growing footprint in North Africa encompasses, but is not limited to, trade, infrastructure development, ports, shipping, financial cooperation, tourism and manufacturing. It is continuing to expand its co-operation with North African countries, not only in the economic and cultural spheres, but also those of diplomacy and defence. This engagement with North Africa relates to the key aim of President Xi Jinping's Belt and Road Initiative (BRI), which wants to connect Asia, Africa and Europe and sees potential in North Africa's strategic geographic location. This book is the first to analyse China's role in North Africa. It comprises of five leading country experts - Anouar Boukhars, Yahia Zoubir, Sarah Yerkes, Tareki Magresi and Nael Shama – who examine the various socio-economic, political and security aspects of China's relationship with Algeria, Morocco, Libya, Tunisia and Egypt. The book explores how China is displaying a development model that seeks to combine authoritarianism with economic growth, a model and that has an eager audience among regimes across the MENA region. It reveals how the China-North Africa relationship fits within the broader dynamics of increasing China-US rivalry. In doing so, contributors explain why China's growing role in North Africa is likely to have far-reaching economic and geopolitical consequences for both countries in the region and around the world.

China and Africa

China and Africa PDF Author: Ian Taylor
Publisher: Routledge
ISBN: 1134152779
Category : Political Science
Languages : en
Pages : 489

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Book Description
With China’s rise to the status of world power, trade and political links between Africa and China have been escalating at an astonishing rate. Sino-African relations are set to become an increasingly significant feature of world politics as China’s hunger for energy resources grows and many African countries seek a partner that, unlike the West, does not worry about democracy and transparency, or impose political conditions on economic relations. Ian Taylor, one of the foremost authorities on the international relations and political economy of Africa, provides a comprehensive assessment of relations between China and Africa. He discusses the historical evolution of Sino-African relations in the period since the 1949 revolution, with particular emphasis on the period since the end of the Cultural Revolution. Considering in detail China’s relations with Angola, Mozambique, Zimbabwe, Namibia, Zambia, South Africa, Botswana, Lesotho, Swaziland and Malawi, Taylor demonstrates how China has used the rhetoric of anti-hegemonies to secure and promote its position in the Third World. Taylor gives an engaging account of the hitherto under-researched topic of relations between China and Africa, a phenomenon of growing importance in contemporary international politics.

Sino-African Development Cooperation

Sino-African Development Cooperation PDF Author: Hongwu Liu
Publisher: Springer Nature
ISBN: 9811654816
Category : Political Science
Languages : en
Pages : 177

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Book Description
This book reviews the background and evolving features of Sino-African relations, exploring various stages over the past 50 years. Pursuing an objective and forward-looking approach, it analyzes the development, current issues and future direction of Sino-African relations, as well as their global impact. Despite ideological and policy differences, it also outlines potential avenues of cooperation between China and western countries in promoting development in Africa. Potential means of adapting and improving China’s “going into Africa” policy in the post-crisis era are also discussed, highlighting the importance of enhancing soft power in Africa.

China-Africa Relations in an Era of Great Transformations

China-Africa Relations in an Era of Great Transformations PDF Author: Li Xing
Publisher: Routledge
ISBN: 131716735X
Category : Political Science
Languages : en
Pages : 223

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Book Description
This collection juxtaposes a variety of approaches about China and Africa, and their interrelations seeking to go beyond early, simplistic formulations. Perspectives informed by Polanyi advance nuanced analysis of varieties of capitalisms and double-movements. It seeks to put contemporary China-Africa relations in critical, comparative context and in doing so, it will go beyond descriptions of inter-regional trade and investment, large- and small-scale sectors, to ask whether structural change is underway. Already it is apparent that the growing presence of China in Africa presents the latter with some novel options but whether these will generate a new embeddedness remains problematic. Highlighting the ’varieties of capitalisms’ in the new century, given the undeniable difficulties of extreme neo-liberalism in the US and UK by contrast, to the apparent ebullience of the emerging economies in the global South, this book examines such implications for international relations, international political economy, development studies and policies.

China's Resource Diplomacy in Africa

China's Resource Diplomacy in Africa PDF Author: M. Power
Publisher: Springer
ISBN: 1137033665
Category : Political Science
Languages : en
Pages : 348

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Book Description
The book seeks to understand China's evolving political and economic role in Africa and assesses what impacts Chinese aid, trade and investment have on the politics of specific African countries, and the extent to which it excites geopolitical competition.