2011
DOI: 10.1177/186810261104000403
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Redefining Foreign Policy Impulses toward Africa: The Roles of the MFA, the MOFCOM and China Exim Bank

Abstract: It has long been recognised that the actors involved in crafting and implementing China's foreign policy are not always in agreement. This paper argues that the prioritisation of commercial outreach over purely political objectives in Africa has led to a shift in influence from the Ministry of Foreign Affairs (MFA) to the Ministry of Commerce (MOFCOM). To that end, the paper examines the rising prominence of China Exim Bank's concessional loans as a foreign policy instrument in Africa along with the process th… Show more

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Cited by 63 publications
(34 citation statements)
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“…In many cases, these loans are then tied to infrastructure construction to be carried out by Chinese companies or to the employment of Chinese inputs and labour (Ancharaz 2009: 622;Bräutigam 2009: 275;Corkin et al 2008). Due to their low capital costs, low profitability margins, and different risk profiles, state-owned Chinese companies often also have a competitive advantage in providing cost-efficient infrastructure to African states over international competitors in competitive bidding processes GIGA Working Papers 308/2017 (Chen, Goldstein, and Orr 2009;Corkin 2012b;Corkin et al 2008;Zafar 2007).4 Such resources-for-infrastructure deals are often viewed as a method with which China secures a broad range of natural resources, from oil to minerals (Cheung, de Haan, Qian, and Yu 2012).…”
mentioning
confidence: 99%
“…In many cases, these loans are then tied to infrastructure construction to be carried out by Chinese companies or to the employment of Chinese inputs and labour (Ancharaz 2009: 622;Bräutigam 2009: 275;Corkin et al 2008). Due to their low capital costs, low profitability margins, and different risk profiles, state-owned Chinese companies often also have a competitive advantage in providing cost-efficient infrastructure to African states over international competitors in competitive bidding processes GIGA Working Papers 308/2017 (Chen, Goldstein, and Orr 2009;Corkin 2012b;Corkin et al 2008;Zafar 2007).4 Such resources-for-infrastructure deals are often viewed as a method with which China secures a broad range of natural resources, from oil to minerals (Cheung, de Haan, Qian, and Yu 2012).…”
mentioning
confidence: 99%
“…The small department responsible for foreign aid became the International Economic Cooperation Affairs Department within MOFCOM. Corkin (2011) argues that of the three ministries involved in foreign aid policy design-MOFCOM, the Ministry of Foreign Affairs (MFA), and the Ministry of Finance-MOFCOM is the more influential (Corkin 2011: 67/8). She claims that MOCOM even usurps some of the MFA's traditional responsibilities.…”
Section: The World Trade Organizationmentioning
confidence: 99%
“…According to Stahl (2016), "whereas the CDB plays an important role in funding large infrastructure projects in China and abroad, it is China's Exim Bank that plays a predominant role in supporting China's foreign trade and economic cooperation with Africa". The Exim Bank administers concessional loans according to China's diplomatic and business objectives, and it plays a "policy oriented 'development financing' role" in Africa (Stahl, 2016, Corkin, 2011. The major policy outcome of such a strategic economic (bank/business) policy of China in Africa is that African infrastructural development financing and implementation by Chinese companies would certainly fail because they "to support the activities of Chinese firms" (Stahl, 2016).…”
Section: (C) South Africamentioning
confidence: 99%