Chinese Investment In Africa

Author : David N. Abdulai
Publisher : Taylor & Francis
Page : 184 pages
File Size : 45,6 Mb
Release : 2016-11-03
Category : Business & Economics
ISBN : 9781317166993

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Chinese Investment in Africa by David N. Abdulai Pdf

China leads the world when it comes to investment and influence on the African continent. The extent of Chinese investment in Africa is well known and much has been written about China’s foray into Africa. However, most of the available material has approached this issue by looking at China as the ’New Colonialist’ – more interested in Africa’s vast natural resources than working in partnership for sustained development. Whilst China’s interest in Africa’s resources is evident, it is just half of the story. China’s foray into Africa goes beyond its appetite for natural resources and into the realm of geo-politics and international political economics. For example, China is all too aware of how it can cultivate Africa’s support on global issues at the United Nations and at other international fora. Breaking free from the binary arguments and analysis which characterize this topic, Professor Abdulai presents a refreshing perspective that China’s foray into Africa can produce win–win outcomes for China and Africa – if Africans really know what they want from China. Hitherto, each African country has tended to engage China with an individual bucket list; acting in isolation and not as part of a wider continent (indeed Africa and the African Union does not yet have a coordinated policy towards China). For Africa to be able to do that it needs to know where China is coming from, the factors that contributed to its awakening and success, and the benefits and possible pitfalls of this foray, in order to better position itself for a win–win engagement with China. This book will be a valuable read for policy makers, think-tanks and students of Africa-China studies programmes alike.

Author : Irene Yuan Sun
Publisher : Harvard Business Press
Page : 224 pages
File Size : 48,7 Mb
Release : 2017-10-17
Category : Business & Economics
ISBN : 9781633692824

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The Next Factory of the World by Irene Yuan Sun Pdf

A Best Business Book of 2017 -- The Financial Times China is now the biggest foreign player in Africa. It's Africa's largest trade partner, the largest infrastructure financier, and the fastest-growing source of foreign direct investment. Chinese entrepreneurs are flooding into the continent, investing in long-term assets such as factories and heavy equipment. Considering Africa's difficult history of colonialism, one might suspect that China's activity there is another instance of a foreign power exploiting resources. But as author Irene Yuan Sun vividly shows in this remarkable book, it is really a story about resilient Chinese entrepreneurs building in Africa what they so recently learned to build in China--a global manufacturing powerhouse. The fact that China sees Africa not for its poverty but for its potential wealth is a striking departure from the attitude of the West, particularly that of the United States. Despite fifty years of Western aid programs, Africa still has more people living in extreme poverty than any other region in the world. Those who are serious about raising living standards across the continent know that another strategy is needed. Chinese investment gives rise to a tantalizing possibility: that Africa can industrialize in the coming generation. With a manufacturing-led transformation, Africa would be following in the footsteps of the United States in the nineteenth century, Japan in the early twentieth, and the Asian Tigers in the late twentieth. Many may consider this an old-fashioned way to develop, but as Sun argues, it's the only one that's proven to raise living standards across entire societies in a lasting way. And with every new Chinese factory boss setting up machinery and hiring African workers--and managers--that possibility becomes more real for Africa. With fascinating and moving human stories along with incisive business and economic analysis, The Next Factory of the World will make you rethink both China's role in the world and Africa's future in the globalized economy.

Author : Alpha Furbell Lisimba
Publisher : Springer Nature
Page : 342 pages
File Size : 54,9 Mb
Release : 2020-12-21
Category : Political Science
ISBN : 9789811595738

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China’s Trade and Investment in Africa by Alpha Furbell Lisimba Pdf

The core argument of this book is that China poses both challenges and creates opportunities for Africa, and that the transformative potentials of China-Africa engagements can be compared to Africa’s experiences with European colonialism. However, it would be patently misleading to claim any equivalence between African experiences of European colonialism with Africa’s engagements with China. Although, China does not replicate the exact colonial model, its actions have all elements of dependent relations, thus underpinning neo-colonialism with Chinese characteristics. Analysing China’s growing economic relations with Africa, this book posits that, Africa’s underdevelopment situation with China does not indicate a significant point of departure from the colonial model of development because China’s actions in Africa, although not exactly colonial, have all possibilities of Neocolonialist model with Chinese characteristics. As such the author argues that China’s increasing trade, FDI inflow and influence on the economic growth and development in Africa will result in a long-term negative impact in development outcomes and capacity building, governance practice, democratic transition and human rights for future self-reliance and sustainable development.

Author : Meine Pieter van Dijk
Publisher : Amsterdam University Press
Page : 225 pages
File Size : 43,9 Mb
Release : 2009
Category : Business & Economics
ISBN : 9789089641366

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The New Presence of China in Africa by Meine Pieter van Dijk Pdf

"This book describes China's growing range of activities in Africa, especially in the sub-Saharan region. The three most important instruments China has at its disposal in Africa are development aid, investments and trade policy. The Chinese government, which believes the Western development aid model has failed, is looking for new forms of aid and development in Africa. China's economic success can partly be ascribed to the huge availability of cheap labour, which is primarily employed in export-oriented industries. China is looking for the required raw materials in Africa, and for new marketplaces. Investments are being made on a large scale in Africa by Chinese state-controlled firms and private companies, particularly in the oil-producing countries (Angola, Nigeria and Sudan) and countries rich in minerals (Zambia). Third, the trade policy China is conducting is analysed in China and compared with that of Europe and the United States. In case studies the specific situation in several African countries is examined. In Zambia the mining industry, construction and agriculture are described. One case study of Sudan deals with the political presence of China in Sudan and the extent to which Chinese arms suppliers contributed to the current crisis in Darfur. The possibility of Chinese diplomacy offering a solution in that conflict is discussed. The conclusion considers whether social responsibility can be expected of the Chinese government and companies and if this is desirable, and to what extent the Chinese model in Africa can act as an example - or not - for the West"--Publisher's description.

Author : Ching Kwan Lee
Publisher : University of Chicago Press
Page : 242 pages
File Size : 47,5 Mb
Release : 2018-01-03
Category : Social Science
ISBN : 9780226340975

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The Specter of Global China by Ching Kwan Lee Pdf

China has recently emerged as one of Africa’s top business partners, aggressively pursuing its raw materials and establishing a mighty presence in the continent’s booming construction market. Among major foreign investors in Africa, China has stirred the most fear, hope, and controversy. For many, the specter of a Chinese neocolonial scramble is looming, while for others China is Africa’s best chance at economic renewal. Yet, global debates about China in Africa have been based more on rhetoric than on empirical evidence. Ching Kwan Lee’s The Specter of Global China is the first comparative ethnographic study that addresses the critical question: Is Chinese capital a different kind of capital? Offering the clearest look yet at China’s state-driven investment in Africa, this book is rooted in six years of extensive fieldwork in copper mines and construction sites in Zambia, Africa’s copper giant. Lee shadowed Chinese, Indian, and South African managers in underground mines, interviewed Zambian miners and construction workers, and worked with Zambian officials. Distinguishing carefully between Chinese state capital and global private capital in terms of their business objectives, labor practices, managerial ethos, and political engagement with the Zambian state and society, she concludes that Chinese state investment presents unique potential and perils for African development. The Specter of Global China will be a must-read for anyone interested in the future of China, Africa, and capitalism worldwide.

Author : Larry Hanauer,Lyle J. Morris
Publisher : Rand Corporation
Page : 170 pages
File Size : 41,8 Mb
Release : 2014-03-12
Category : History
ISBN : 9780833084118

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Chinese Engagement in Africa by Larry Hanauer,Lyle J. Morris Pdf

Examines Chinese engagement in Africa, focusing on (1) Chinese and African goals, (2) African perceptions of China, (3) how China has adjusted its policies to address local reactions, and (4) whether the United States and China compete in the region.

Author : David N. Abdulai
Publisher : Routledge
Page : 184 pages
File Size : 48,9 Mb
Release : 2016-11-03
Category : Business & Economics
ISBN : 9781317166986

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Chinese Investment in Africa by David N. Abdulai Pdf

China leads the world when it comes to investment and influence on the African continent. The extent of Chinese investment in Africa is well known and much has been written about China’s foray into Africa. However, most of the available material has approached this issue by looking at China as the ’New Colonialist’ – more interested in Africa’s vast natural resources than working in partnership for sustained development. Whilst China’s interest in Africa’s resources is evident, it is just half of the story. China’s foray into Africa goes beyond its appetite for natural resources and into the realm of geo-politics and international political economics. For example, China is all too aware of how it can cultivate Africa’s support on global issues at the United Nations and at other international fora. Breaking free from the binary arguments and analysis which characterize this topic, Professor Abdulai presents a refreshing perspective that China’s foray into Africa can produce win–win outcomes for China and Africa – if Africans really know what they want from China. Hitherto, each African country has tended to engage China with an individual bucket list; acting in isolation and not as part of a wider continent (indeed Africa and the African Union does not yet have a coordinated policy towards China). For Africa to be able to do that it needs to know where China is coming from, the factors that contributed to its awakening and success, and the benefits and possible pitfalls of this foray, in order to better position itself for a win–win engagement with China. This book will be a valuable read for policy makers, think-tanks and students of Africa-China studies programmes alike.

Author : Chris Alden
Publisher : Zed Books Ltd.
Page : 112 pages
File Size : 53,6 Mb
Release : 2010-08-17
Category : Political Science
ISBN : 9781848134980

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China in Africa by Chris Alden Pdf

Nowhere in the world is China’s rapid rise to power more evident than in Africa. From multi-billion dollar investments in oil and minerals to the influx of thousands of merchants, labourers and cheap consumer goods, China’s economic and political reach is redefining Africa’s traditional ties with the international community. This book investigates the emerging relationship between China and Africa to determine whether this engagement will be that of a development partner, economic competitor or new hegemon. Alden argues that in order to understand Chinese involvement on the continent, we need to recognize the range of economic, diplomatic and security rationales behind Beijing’s Africa policy as well as the response of African elites to China’s entreaties. Only then can the new challenges and opportunities for Africa and the West be accurately assessed.

Author : Freedom Mazwi
Publisher : Springer Nature
Page : 189 pages
File Size : 41,5 Mb
Release : 2024-05-23
Category : Electronic
ISBN : 9783031528156

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Chinese Investment in Africa by Freedom Mazwi Pdf

Author : Chris Alden,Daniel Large,Ricardo Soares de Oliveira
Publisher : Hurst & Company
Page : 414 pages
File Size : 53,6 Mb
Release : 2008
Category : Africa
ISBN : STANFORD:36105131736220

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China Returns to Africa by Chris Alden,Daniel Large,Ricardo Soares de Oliveira Pdf

The geopolitical landscape of China-Africa relations has been overlooked during the G8's purported 'Year of Africa', which generated debate in the build-up to the China-Africa Summit in Beijing in 2006. This book offers surveys of China's return to Africa, examining what this relationship holds for diplomacy, trade and development.

Author : Anthony Yaw Baah,Herbert Jauch
Publisher : Unknown
Page : 544 pages
File Size : 44,9 Mb
Release : 2009
Category : Africa, Sub-Saharan
ISBN : 9991664947

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Chinese Investments in Africa by Anthony Yaw Baah,Herbert Jauch Pdf

Author : Adams Bodomo
Publisher : Emerald Group Publishing
Page : 132 pages
File Size : 50,6 Mb
Release : 2017-10-31
Category : Business & Economics
ISBN : 9781787433588

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The Globalization of Foreign Investment in Africa by Adams Bodomo Pdf

The 21st Century era of globalization has opened up many investment alternatives for Africa. This book examines the role of FDI in Africa's socio-economic development with reference to Europe and two economic powers in Asia - China and India.

Author : Marcel Kitissou
Publisher : Adonis & Abbey Publishers Ltd
Page : 205 pages
File Size : 55,5 Mb
Release : 2007-08-31
Category : Reference
ISBN : 9781909112803

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Africa in China's Global Strategy by Marcel Kitissou Pdf

China, in the past five years, has developed a proactive global policy and is emerging as a new global power with particular focus on developing countries in Central Asia, Southeast Asia, Latin America and Africa. What is the role of Africa in China's emerging global foreign policy? In 1998, China's aid to Africa was $107 million. By 2004, it had reached $2.7 billion, 26% of its international assistance that year. In 2005, Africa-China trade reached $40 billion, 35% up from the previous year. China is interested mainly in four sectors: infrastructure projects, regional banks such as the African Development Bank, training of African professionals particularly in economic management, and institutions of higher education with the goal of establishing Chinese language programs. The human factor is also important. Chinese Diaspora is fast increasing. For example, in Zambia, it grew from 3,000 to 30,000 in ten years and, in South Africa, from practically none to 300,000. African countries constitute a new market for Chinese products. They also provide a source of raw materials. Today, the continent supplies 30% of China's import of oil and gas, Angola being the largest supplier with 522,000 barrels of oil per day to China. The last five years, Chinese oil companies spent $15 billion acquiring oil fields and local companies. The appetite for raw materials goes beyond oil and gas and China's foreign political strategy is primarily to solve its own domestic problems and protect its interests in the global arena. Will Africa be a pawn or a player in this emerging geopolitical game? Will China's deepening relations with the continent represent a new opportunity for African countries to negotiate a new partnership and skillfully use it to the best advantage of their citizens? These are some of the questions contributors to the volume have tried to answer by examining various facets of these deepening relations and underlining areas of concerns as well as the opportunities for mutually rewarding relations.

Author : David Abdulai
Publisher : Routledge
Page : 0 pages
File Size : 43,9 Mb
Release : 2017
Category : Business & Economics
ISBN : 1315571781

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Chinese Investment in Africa by David Abdulai Pdf

China leads the world when it comes to investment and influence on the African continent. The extent of Chinese investment in Africa is well known and much has been written about China's foray into Africa. However, most of the available material has approached this issue by looking at China as the 'New Colonialist' - more interested in Africa's vast natural resources than working in partnership for sustained development. Whilst China's interest in Africa's resources is evident, it is just half of the story. China's foray into Africa goes beyond its appetite for natural resources and into the realm of geo-politics and international political economics. For example, China is all too aware of how it can cultivate Africa's support on global issues at the United Nations and at other international fora. Breaking free from the binary arguments and analysis which characterize this topic, Professor Abdulai presents a refreshing perspective that China's foray into Africa can produce win-win outcomes for China and Africa - if Africans really know what they want from China. Hitherto, each African country has tended to engage China with an individual bucket list; acting in isolation and not as part of a wider continent (indeed Africa and the African Union does not yet have a coordinated policy towards China). For Africa to be able to do that it needs to know where China is coming from, the factors that contributed to its awakening and success, and the benefits and possible pitfalls of this foray, in order to better position itself for a win-win engagement with China. This book will be a valuable read for policy makers, think-tanks and students of Africa-China studies programmes alike.

Author : Olayiwola Abegunrin,Charity Manyeruke
Publisher : Springer Nature
Page : 240 pages
File Size : 40,6 Mb
Release : 2019-10-11
Category : Political Science
ISBN : 9783030219949

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China's Power in Africa by Olayiwola Abegunrin,Charity Manyeruke Pdf

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.