2008
DOI: 10.1215/10474552-2008-027
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China's Ventures in Africa: Patterns, Prospects, and Implications for Africa's Development

Abstract: Africa has a long and disturbing history with outside powers exploiting the continent for its natural and human resources in furtherance of their own economic and developmental objectives. In this essay, China's main objectives and the prospects and implications these have on Africa's development are examined. The authors argue that there are two very important perspectives—exploitation and opportunity—on China's role in Africa's development. The authors also argue that African countries must implement meaning… Show more

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Cited by 14 publications
(9 citation statements)
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“…The latter is one of the major challenges faced by global food security, and is the source of more caution from civil society groups (Samy, 2010). As a result, overseas investment from China is both an opportunity and a challenge for host countries, and specific performance is affected by host countries' management (Anyu & Ifedi, 2008). Similarly like in Africa, while the impacts of Chinese presence on local development are modest overall, these impacts do appear to be positive in the sense that they are creating economic opportunities, both for themselves and for local people (Cook et al, 2016).…”
Section: Resultsmentioning
confidence: 99%
“…The latter is one of the major challenges faced by global food security, and is the source of more caution from civil society groups (Samy, 2010). As a result, overseas investment from China is both an opportunity and a challenge for host countries, and specific performance is affected by host countries' management (Anyu & Ifedi, 2008). Similarly like in Africa, while the impacts of Chinese presence on local development are modest overall, these impacts do appear to be positive in the sense that they are creating economic opportunities, both for themselves and for local people (Cook et al, 2016).…”
Section: Resultsmentioning
confidence: 99%
“…Africa represents opportunities as indicated by the surge of multinational companies, vibrant economies (e.g., Rwanda, Ghana, Mauritius, and Botswana), including 8 oil‐exporting, 9 diversified, 10 transition, and 5 pretransition economies, and increased consumption potential (The Economist, ; Roxburgh et al, ). These opportunities manifest despite deprivation due to locational, infrastructural, and demographic factors (Anyu & Ifedi, ; Chamon & Kremer, ; Collier, ; Collier & Gunning, ; Gu, ).…”
Section: Methodsmentioning
confidence: 99%
“…Africa is therefore depicted as just a source of cheap China Report 55, 3 (2019): 219-240 labour and raw materials, as well as a suitable market for Chinese finished products. This is seen to undermine Africa's industrial growth and competitiveness as Africa too could benefit from her own market rather than having to compete with China (Alden, Large and Oliveira 2008;Anyu and Ifedi 2008;Eisenman 2012). However, it is important to note that China's growing demand for minerals and other extractives has also increased the prices of such commodities in the international market.…”
Section: Perspectives On Belt and Road Initiative In Africamentioning
confidence: 99%