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Author: George Schoneveld
Publisher: CIFOR
ISBN:
Category :
Languages : en
Pages : 47
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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.
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.
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.
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.
Author: Olayiwola Abegunrin
Publisher: Springer Nature
ISBN: 3030219941
Category : Political Science
Languages : en
Pages : 240
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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.
Author: Li Xing
Publisher: Routledge
ISBN: 1317167341
Category : Political Science
Languages : en
Pages : 317
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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.
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
Author: Lloyd Thrall
Publisher: Rand Corporation
ISBN: 0833090313
Category : History
Languages : en
Pages : 133
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Book Description
Across economic, political, and security domains, the growth of China’s presence in Africa has been swift and staggering, which has fed both simplistic caricatures of China’s role on the continent and fears of renewed geopolitical competition. A closer look reveals a more balanced picture. This report examines how China’s growing engagement affects the United States’ role in Africa and offers policy recommendations for U.S. military leaders.
Author: Ernest Aniche
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
China is not doing Africa any favour. China's investment patterns, aid conditions and trade strategies show that she is driven by her economic interest in economic relations with Africa reinforcing the decimation of African economies long fragmented in Berlin Conference (1884-1885) by European colonialism. The wide trade imbalance between China and Africa indicates that Sino-African economic relations is not relations of equals or interdependence, rather it is relations of unequal or dependence. Neo-dependency is a new form of dependency between China and Africa replacing the old dependency between industrialized countries of the North and Africa, and whichever way Africa is in the receiving end. Therefore, China is gradually changing the global financial power distribution resulting in the shift from classical dependency of Africa to the developed North to neo-dependency of Africa to China. Neo-dependency just like classical dependency discourages intra-African trade, and ensures that Africa suffers huge trade deficits in her economic relations with China thereby deepening crises of African integration and development. The study concludes that Sino-African economic relations undermines African integration, and by extension, impedes African development. The paper suggests post-neo-functionalism as panacea.
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.
Author: Larry Hanauer
Publisher: Rand Corporation
ISBN: 0833084127
Category : History
Languages : en
Pages : 171
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Book Description
Examines Chinese engagement with African nations, focusing on (1) Chinese and African objectives in the political and economic spheres and how they work to achieve them, (2) African perceptions of Chinese engagement, (3) how China has adjusted its policies to accommodate African views, and (4) whether the United States and China are competing for influence, access, and resources in Africa and how they might cooperate in the region.
