China–African relations: A new impulse in a changing continental landscape

Naidu, Sanusha; Mbazima, Daisy

doi:10.1016/j.futures.2008.02.007

Cited by 32 publications

(23 citation statements)

References 6 publications

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“…Consistent with other studies that have focused on SOEs, political strategic considerations were seen to be an important motivation (Buckley, 2008;Buckley, et al, 2007;Deng, 2007;He & Lyles, 2008;Luo, et al, 2009;Morck, et al, 2008;Naidu & Mbazima, 2008;Wang, 2009) in this study. However, the new findings also reveal that the extent to which this motivation is a dominant consideration is debatable.…”

Section: Motivationssupporting

confidence: 91%

“…Another consistent theme across the recent literature on China's OFDI is the view that Chinese MNEs are motivated not only by traditional determinants, but also by political considerations (Alon, et al, 2009;Buckley, 2008;Buckley, et al, 2007;Deng, 2007;He & Lyles, 2008;Luo, et al, 2010;Morck, et al, 2008;Naidu & Mbazima, 2008;Wang, 2009). Since the 1980s, the Chinese government has required overseas subsidiaries to achieve one of four goals -introduction of advanced technology; access to raw materials; foreign exchange earnings, and expansion of exports (Deng, 2003).…”

Section: Institutional Influence On Motivationsmentioning

confidence: 92%

“…Researchers have increasingly drawn attention to the significant presence of Chinese mining firms in Africa that have interests in Sudan, Angola, Nigeria, Niger, and the Congo (Alden & Davies, 2006;Chuan & Orr, 2009;Ericsson, 2010;Gu, 2009;Haglund, 2008;Naidu & Davies, 2006;Naidu & Mbazima, 2008;Shen, 2013; Contemporary Management Research 331 Tull, 2006;Zafar, 2007). Figure 1 With the exception of Canada and Australia, many of these are perceived as 'high risk' locations.…”

Section: Rand D Capabilitymentioning

confidence: 99%

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China's 'Steel Hunger': A Comparative Analysis of SOE and NSOE Internationalization Motivations and Attitudes towards Risk

Ren

Jack

2014

CMR

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In this paper, we present two exploratory case studies' detailing the internationalisation of a Chinese mining, state-owned enterprise (SOE) and a nonstate-owned enterprise (NSOE). Increasing outward foreign direct investment (OFDI) from China's extractive industries, particularly its steel sector, is now one of the more dramatic aspects of globalisation in the new millennium. It has led to an increased interest in what motivates these firms and how their internationalisation may be shaped by the risks inherent in their pursuit of international expansion. In the study 13 face-to-face interviews are conducted with both senior and functional level managers across both firm types. This data analysis reveals that institutional factors and significant international experience influences SOEs to be 'risk tolerating' while influencing NSOEs to be 'risk averse'. This paper offers a set of propositions that highlight how motivations and risk attitudes are shaped by firm ownership and institutional factors, which ultimately influence the location choice for each firm. INTRODUCTION Many large Chinese mining State Owned Enterprises (SOEs) and Non-StateOwned Enterprises (NSOE) are driven to invest abroad by their need to secure access to natural resources (such as oil, gas and mineral deposits) (KPMG & SCSC, 2012;UNCTAD, 2007). Although a natural resource world leader in terms of both reserves and the production of several metals and minerals, China's per capita reserves are far below the global average (Liu, 2011;M2PressWire, 2009). This scarcity results in the decision by Chinese mining companies to actively buy up mining assets internationally. In fact, the portion of outward foreign direct investment (OFDI) from China's mining sector is the largest or second largest investment when compared to all other sector investments (MOFCOM, et al., 2006(MOFCOM, et al., , 2007(MOFCOM, et al., , 2008(MOFCOM, et al., , 2009(MOFCOM, et al., , 2010(MOFCOM, et al., , 2012.As a measure of a nation's enhanced economic progress and increasing development, the steel industry is often viewed as a key strategic sector (Nolan & Yeung, 2001; World Steel Association, 2012). The gradual opening of China's markets to foreign trade and investment has led to the rapid growth of its steel sectorChinese steel production increased at an average annual rate of 7% during the 1980s, 10% during the 1990s, and by nearly 20% in the 2000s. With further increases to 683.9 million tons in 2011, China (followed by Japan and the United States) today continues to be the world's leading steel-producer (World Steel Association, 2012).China's steel industry is characterised by a decentralized structure with many of its larger steel producers classified as state-owned enterprises (SOEs) and a significant proportion of smaller producers classified as non-state-owned enterprises (NSOEs) (Holloway, et al., 2010). As with other major sectors of the Chinese economy, NSOEs have been active in overseas investment (Jiang, 2009); and in 2011 they accounted for approxi...

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Section: Motivationssupporting

confidence: 91%

Section: Institutional Influence On Motivationsmentioning

confidence: 92%

Section: Rand D Capabilitymentioning

confidence: 99%

See 1 more Smart Citation

China's 'Steel Hunger': A Comparative Analysis of SOE and NSOE Internationalization Motivations and Attitudes towards Risk

Ren

Jack

2014

CMR

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“…2nd Annual International Conference on Social Science and Contemporary Humanity Development (SSCHD 2016) Venturing in the African market has become possible for China due to the attractive financial agreements and smart international relations [4]. The outcome has been a tenfold development in trade relations between China and Africa, a rise "from US$10 billion in 2000 to US$127 billion in 2010, making China the continent's largest trading partner".…”

Section: Literature Reviewmentioning

confidence: 99%

The Impact of Political Relation on Economic Development between Libya and China

Almnfi¹,

Yang²

2016

Proceedings of the 2nd Annual International Conference on Social Science and Contemporary Humanity Development

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Abstract.The research is an analysis of the past political relation between China and Libya. Further, the study explores how the political relation impacts economic advancement amid both nations. In specific is political relation during the 2011 unrest in Libya. Using already conducted research on China and Libya relations, the study aims at depicting policies China needs to implement, to improve its relation with Libya. As a result, ensure continuous economic growth between both nations.

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“…The rapidly growing Chinese presence is of particular importance: investments in Africa from other sources (notably India) have also risen significantly, but the spectacular influx of Chinese enterprises has dwarfed that of other competitors (Beri, 2007) and is expected to grow substantially over the next decade (Broadman, 2008;Naidu and Mbaizima, 2008;Carmody, 2009) despite the global financial crisis (Cook and Gu, 2009). As both decentralisation and SinoAfrican trade continue to develop, the question of how local management institutions interact with Chinese (and other) corporate resource demands in SubSaharan Africa will be of increasing importance.…”

Section: Chinese Investment and African Resourcesmentioning

confidence: 99%

‘We are Scared to Say No’: Facing Foreign Timber Companies in Sierra Leone's Community Woodlands

Horst

2011

Journal of Development Studies

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In recent years, 'decentralisation' has become an increasingly prominent theme in Sub-Saharan African development theory and practice, particularly around woodland management. Although much research has illuminated challenges arising in project design and implementation, 'external' threats to decentralised resource management initiatives have received little attention. At the same time, however, there has been a massive increase in foreign, particularly Chinese, corporate investment in the extraction of African resources. This paper examines the importance of the interaction between these two trends to local livelihoods and resource management through a case study of illegal logging by Chinese companies in Sierra Leone.[These] companies . . . are not ready to pay any revenue to this country, but only to exploit our resources by connivance, by conniving with our own people because the people are poor. (District Forest Officer) [The loggers] just come, they show us papers, they say this is from government, government tell them to cut down these trees, so we are scared to say no -we are scared! (Village elder)

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China–African relations: A new impulse in a changing continental landscape

Cited by 32 publications

References 6 publications

China's 'Steel Hunger': A Comparative Analysis of SOE and NSOE Internationalization Motivations and Attitudes towards Risk

China's 'Steel Hunger': A Comparative Analysis of SOE and NSOE Internationalization Motivations and Attitudes towards Risk

The Impact of Political Relation on Economic Development between Libya and China

‘We are Scared to Say No’: Facing Foreign Timber Companies in Sierra Leone's Community Woodlands

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