...China in Africa Christopher Ransom On October 24, 2013, Professor Deborah Brautigam, from the School of Advanced International Studies at Johns Hopkins University, spoke on China’s impact in Africa. She began by discussing China’s thirst for resources in the area and how it was evident from her very first visit to Liberia in 1983. Professor Brautigam has written two books on the subject: Chinese aid and African Development and The Dragon’s Gift, so she seems to be a very reliable source of information. Initially one would think that the involvement is very big with twenty-five big dams built by Chinese funding, but a closer look shows that only five of the twenty-five were actually relevant operations of the Chinese. With that said, she did say that the engagement with Africa does present a very difficult situation with the tree and ivory demand of China. The high demand of both these goods makes for a very unhealthy and dangerous situation to the environment of Africa. Professor Brautigam then spoke on the partnership of China and Sudan and the deadliness of this. China is the largest supplier of guns to Africa. It goes without saying that this is not a good thing and results in a very dangerous atmosphere. Even with all of the downsides to the partnership of China and Africa Professor Brautigam did want to strip away all of the myths of the relationship. To begin she discussed how long they have been there, which has been since about the 1950s and has really ramped...
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...a, CHINA IN AFRICA --SUMMARY BY MATTHIAS SUMPF Content Introduction............................................................................................................................................. 2 Main part ................................................................................................................................................. 2 Background and context ..................................................................................................................... 2 China’s approach on getting closer with Africa ................................................................................... 2 Facts and figures.................................................................................................................................. 3 Other interests .................................................................................................................................... 3 China vs. the West ............................................................................................................................... 3 Chinese emigration and its impact ...................................................................................................... 4 Africa’s relation with China ................................................................................................................. 5 The West’s reaction.......................................................................................................
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...superpower, has catalyzed her desire to engage Africa in her Foreign Policy. This has heightened the Chinese desire to geo- strategic reach into Africa as a going global strategy this has been the plan as far back in the 1978 eras of Mao Zedong. China’s objective in the new phase of assertiveness is to maintain strong economic ties in Africa, unlike the previous objective of building a coalition of sharing common goals with Africa as ‘Third World’. This geo-economic factor is influenced by the desire for resources to fuel its economic growth and gain energy security. China in strengthening her diplomatic and political ties sees Africa not just as ally to bid for influence and power, but as a source for natural resources . China has established Confucius Institutes (state-funded Chinese Cultural Centers) that have sprung up throughout Africa, teaching local people the culture and traditions. One wonders if China is positioning itself for taking over supremacy and advancing her Soft Policy in Africa. It is perhaps important to see our languages and cultures going out there too. The China- Africa Cooperation which was aimed at strengthening China’s diplomatic and political ties stared in post colonial Africa. The African plight of political freedom from their colonies, referred to as aggressors according to the Chinese and their desire to have a say in the international arena has given the Chinese a reason to defend their being in Africa. The analysis of the Beijing Consensus...
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...Relationship Between China And Africa Assignment Submitted For the International Management Module at the Nelson Mandela Metropolitan University Business School Prepared By Ayankoya Kayode A Foli, Edem Mpongoshe, Lukhanyiso Hurrisunker, Sanisha Maqina, Chumani Introduction This assignment examines the strategic relationship between China and Africa. The first section provides statistics that reveal the extent of trade between China and Africa since 2000. The specific statistics center around the amount of natural resources exported to China and compares that to the amount of imports from China. After gaining insight into the extent of business between the two, one can begin to understand why Africa is so important to China. This importance is discussed in more detail against the backdrop of the historical background of these two regions. The following section explains the strategy that China has adapted to trade with Africa and introduces the concept of the “Chinese Model”. This model highlights the driving forces behind China’s strategic decisions and introduces some controversial arguments around some of the methods that China has adopted. An important part of this discussion is the comparison of China’s strategy with that of the West (i.e. regions like the United States of America (USA/US) and the European Union (EU). Some interesting statistics reveal that Africa is attracting significant amounts of Foreign Direct Investment (FDI) and...
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...Economic and Trade Relationship Between China and Africa Since the founding of the People’s Republic of China, China and Africa have developed a long-standing friendship. This is evidenced by the cooperation in political, economic, and cultural areas. They have created a new type of strategic partnership based on political equality and mutual trust, economic cooperation and cultural exchanges. China has demonstrated respect for African countries by actively encouraging cooperation and providing aid between Chinese and African businesses. With china being the largest developing country and Africa being the continent with the most number of developing countries, their trade and economic relations have not only played a significant role in promoting their respective progress, but has also helped to win the attention and support of the international community to Africa's development. Currently, China is one of Africa’s most important trade partners. In this essay, I will endorse the understanding of China and Africa’s relationship. When the founding of the People’s Republic of China occurred in 1949, it also marked the initiation of China-Africa trade and economic relations. While African countries fought for national liberation and China worked to safeguard its own sovereignty and territorial integrity, they both supported one another by friendship and mutual trust. They laid a good political foundation for their future growth of trade and economic relationship...
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...Chinese companies are winning over European multinationals in Africa - Why have Chinese companies found the emerging markets of Africa less risky and a more attractive proposition than western multinationals? - MSc BD7 Ping SUI Introduction: As an important global player and the main drive for economical growth, China’s massive investment in Africa has drawn the world’s attention. People can see European multinationals everywhere in Africa in the 80s, while now Chinese companies seem to take over the leading role. For example, in Angola, China helped to build the Angola Benguela railway, which is the longest railway Angola has had so far; in Nigeria, Chinese Telecom companies “Huawei” has a dominating presence both in fixed and wireless services by taking more than 90% of the market share. Not only can you find commodities made in China everywhere, but Chinese companies now build the infrastructures in many African countries too. On the contrary, the presence of European multinationals is not as strong as the Chinese ones: the amount of the funds flowing from Europe to Africa has decreased from 70% to 17% since the 70s; Western Europe’s share of overall international trade with Africa has decreased from 51% to 28%, while China has taken the place and become the biggest trading partner Africa has by surpassing America in 2009. Why are European MNCs less and less preset in Africa? What are the difficulties they have encountered? Do Chinese companies have same barriers...
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...The Forum on China Africa Cooperation, or FOCAC for short, is an official forum between Communist China and African states. This forum is very important in as far as china Africa relations are concerned because of a host of reasons. The major reason is that both China and Africa stand to benefit economically from this relationship, as China gets raw materials from the continent, in return largely for concessionary loans and assistance in rehabilitation or construction of infrastructure of various magnitudes. Another area where the importance of FOCAC is seen is China’s political support for the ruling elite in Africa, and diplomatic support for regimes usually under pressure at forums like the United Nations, as in the case of Zimbabwe and other countries accused of various shortcomings. It is clear from this therefore that relations between China and Africa are those of feeding off each other, or principally a relationship of friends in need of each other. However, as shall be seen in this essay, there are also various problems that arise with this FOCAC, not least of which are accusations that China turns a blind eye to human rights violations in Africa as long as it benefits. For the purposes of analysing the issue of relations between Africa and China, the conceptual framework of interdependence shall be pursued. This theory argues that countries relate to each other because there is dependence on each other for various strengths. For instance, China needs African resources...
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...explain the contrasting growth experience of China and Sub Saharan Africa post 1980. Economic growth, put simply, is “an increase in the amount of goods and services produced per head of the population over a period of time”; development is inextricably linked with this economic growth. By utilising theories of economic growth and development we can see how the Chinese and Sub-Saharan African economies have emerged, but, more notably, we can use these to look at patterns from past and present to show their experience and the implications of this growth for the future. Development has become synonymous for industrialisation. Economic growth comes from increasing the Gross Domestic Product (GDP), this is done by producing more through the addition of more capital and labour. As you begin to use up the factors of production the law of diminishing returns can hinder growth. Therefore, a vital factor for the development of emerging markets is technology, which should be harnessed to improve means of production and other such things to see a progressive economy. In this sense I will be looking at both China and Sub-Saharan Africa to see how technology or the lack thereof has been utilised and the implications this has had on their economies. There are a number of factors that have contributed to Sub-Saharan African (SSA) countries generally not experiencing the rates of growth and development as other emerging market regions, such as China. However, there has been a notable number...
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...the recent years China has been seen as a major competition in the international economic market. It has been replacing many western states as the top trading and investment partner in many African states, and for decades it has been one of Africa’s best friends, helping in the decolonization process and building key infrastructure projects on the continent. China has been providing many African governments with cheap loans in exchange for securing their means of accumulating natural resources based on the principle of non-intervention and respect for sovereignty, which gives no strings attached. For more than a decade, diplomatic relations between China and South Africa have been marked a great growing relationship between both states. From a period of no official ties to limited interaction between the South African and Chinese Governments, the relationship has subsequently developed to become one of the closest between African and Asian states. Growing economic engagement, which underpins the warm ties between the two states, has put South Africa amongst China’s top three trading partners on the continent. Moreover, China is an emerging market economy; with a fast track of being the next economic rising superpower in the world and its current relations between it and Africa continue to grow fast with foreign direct investment increasing thirty-fold between 2003 and 2011, from US$491m to US$14.7 billion. In 2012, China pledged US$20 billion of loans to Africa over three years...
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...Правительство Российской Федерации Государственное образовательное бюджетное учреждение высшего профессионального образования Национальный исследовательский университет – Высшая школа экономики Факультет мировой экономики и мировой политики Кафедра энергетических и сырьевых рынков КУРСОВАЯ РАБОТА на тему «Проблемы обеспечения нефтяными ресурсами китайской экономики в начале XXI века» Студент группы №362 Двойченков П. Н. Научный руководитель доцент, Начальник отдела нефтегазового комплекса России и мира ИНЭИ РАН Митрова Т. А. Москва 2012 Оглавление Введение. 3 Нефтяной сектор Китая. 5 Доля нефтяного сектора в энергообеспечении страны. 5 Спрос на нефть 9 Зависимость от импорта нефти. 9 Диверсификация импорта нефтяных ресурсов. 10 Страны Персидского залива 11 Африканские страны 18 Центральная Азия 24 Латинская Америка 29 Сотрудничество с Россией 33 Заключение 36 ВВЕДЕНИЕ Экономика Китая – самая быстроразвивающаяся среди наиболее развитых экономик и вторая по объему ВВП[1][2]. Ежегодный темп экономического роста в Китае, начиная с 1992 года составляет приблизительно 10%, другими словами объем производимого ВВП удваивается за каждые 7,5 лет. Во время мирового кризиса темп роста экономики КНР замедлился, но и тогда оказался выше прогнозных и плановых значений. Перспективы дальнейшего роста экономики Китая будут напрямую зависеть от ситуации...
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... Case Connection China in Africa: A Big Step Forward, or a Bigger Step Backward? Entering an untapped international market can strengthen a business tremendously—but what if the costs outweigh the benefits for the market itself? China has long been an important player on the global stage, but recent advances in manufacturing, natural resources, and energy production have catapulted the expansive country to the forefront of international trade. Currently the world’s fastest growing major economy, China is set to eclipse the United States as the world’s largest economy by 2016. Among various domestic and international plays, one of China’s most fascinating uses of its newfound economic might is a considerable interest—and investment—in the continent of Africa. As its economy grew throughout the 2000s, China began establishing oil and mining firms across Africa. In return for the cooperation of African governments, China built new roads, bridges, and other varieties of desperately needed infrastructure. The economic powerhouse’s inroads into the African market quickly widened, and so did the scope of its investments. For every new mining and drilling operation, China built new governmental buildings, sports stadiums and housing complexes. China’s most prominent declaration of its intent to strengthen ties with Africa, however, was the construction of the $200 million African Union building in Addis Ababa, Ethiopia. Today, China’s trade with Africa exceeds $190 billion—up...
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...tremendous rise in global capitalist economy. The demand for energy continue to sky-rocket in this modern world whilst major players in the world today; such as the United States, countries in the European Union and Japan are at alert in the sense that, China, one of the world fastest growing economy has been considered as a new competitor in the competition of securing a long term energy supplies around the globe. As China’s economy is rapidly growing and in other to acquire the needed resources to support its rapid growth, the government have taken a great step in focusing in other part of the world to secure oil which they deemed necessary coupled with other raw materials across the world. The rising economy of China was stated to have grown in an extraordinarily large number of nine (9) per cent per annum in the last twenty five (25) years whereas its consumption of energy has been said to have doubled to the extent that it outstripped the production of domestic energy. (Africa-practice report, 2007, p.2) Significantly, to catch up with the demand of its market, the economic powerhouse has channelled its attention to Africa. A continent widely known for its social and political unrest, though Chinese active involvement in Africa is a necessary mission in other for them to secure new export market for their manufactured goods, there are several strategic ways adopted by the Chinese government in their bilateral relation with African states; however, amongst the strategic ways...
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...The question of international aid to developing countries in Africa is one of the most controversial subjects in modern development. Even more controversial it is when summits and/or conferences are held and hosted by countries that actually aid the African countries. At first glance it’s very noble deed. However, when scrutinized deeply questions are raised. This paper concentrates on the recently and first ever U. S - African Leaders’ Summit under the theme “Investing in the Next Generation”. The aim of this essay is to provide an objective view of this summit and also on the views given by a number of development analysts with regards to the summit. To begin with it’s vital to give some background to this summit. In 2013, during a three nation tour, at a speech at the University of Cape Town, South Africa, President Obama announced his plans to host a summit for African leaders. He wanted to follow up with a gathering that would help the U.S. reinforce its economic and diplomatic ties with Africa. With this announcement, the United States – African Leaders’ Summit was an international summit held in Washington D. C. from the August 4th -6th 2014. Leaders from an anticipated majority of over fifty African states attended the three-day summit hosted by U.S. president Barack. H. Obama. Its primary focus was on trade and investment, democratic development and security of the continent. It will also highlight the depth and breadth of the United States’ commitment to the African...
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...The looting machine has became a machine where national interest is often destabilized to the interest of transnational networks involving Africans, Chinese, and middlemen. China fits in very delicate ways in the looting machine. China created competition for an interest in African commodities especially but in as well as all sorts of other elements of African relations too. Sam Pa, is a Chinese businessman and middleman in Africa and African resource deals. The grand state to state packed that has been between China and Chinese state owned companies and African governance have hiding for more secretive deals and deals that aren’t part or at least aren’t essentially part in diplomatic relationships between nations states but are more like the networks seen with Françafrique which is the old deal trent network in West Africa. This is where people who have high level political connections end deals with corrupt rulers for the benefit of all involved in the expense of many....
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...Why is China investing in Africa? Evidence from the firm level By Wenjie Chen, David Dollar, and Heiwai Tang1 August 2015 Abstract China’s increased trade with and investment in Africa has boosted the continent’s growth rate but has also generated considerable controversy. In this paper we investigate China’s outward direct investment (ODI) in Africa using macro and micro data. The aggregate data on China’s ODI in African countries reveal that China’s share of the stock of foreign investment is small, though growing rapidly. China’s attraction to resource-rich countries is no different from Western investment. China’s ODI is uncorrelated with a measure of property rights and rule of law, whereas Western investment favors the better governance environments. As a result, Chinese investment in strong and weak governance environments is about the same, but its share of foreign investment is higher in the weak governance states. The micro data that we use is MOFCOM’s database on all Chinese firms investing in Africa between 1998 and 2012. We use key words in project descriptions to code the investments into 25 sectors. This database captures the small and medium private firms investing in Africa. Contrary to common perceptions, there are few projects in natural resource sectors. Most projects are in services, with a significant number in manufacturing as well. In our country-sector-level regressions based on firms’ transaction-level data, we find that Chinese ODI is profit-driven...
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