Affiliation:
1. Avenue de la Chasse 115, 1040 Brussels, Belgium,
Abstract
Viewed within the context of China’s history, development, and present conditions on the one hand and the geopolitical and economic situation on the other hand, this article argues that China’s increased presence in Africa is the result of China seizing opportunities which arose in the wake of ostracism by major developed countries in their response to Chinese acquisitions in the energy field, rather than a carefully planned policy programme on the part of the Chinese. The consequence of China turning its attention to Africa to gain access to natural resources has been an increase in overall Chinese investments, as the central government has come to realize the full potential of Africa as a business partner.
Subject
General Economics, Econometrics and Finance,General Social Sciences,General Arts and Humanities
Reference49 articles.
1. China in Africa
2. Chan-Fishel, Michelle and Lawson, Roxanne ( 2007) Bankrolling the ‘going out’ strategy: China’s financing of African aid and investment, and implications for Africa’s debt and development. In Kitissou, Marcel (ed.) Africa in China’s Global Strategy. London: Adonis & Abbey Publishers, 108-31.
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