China’s relationship with Africa is becoming increasingly more complex as the country continues to invest and send workers across 54 countries on the continent.
China’s relationship with Africa is becoming increasingly more complex as the country continues to invest and send workers across 54 countries on the continent.
Despite slowing Chinese demand for commodities, countries in Latin America and Africa can still benefit from closer economic ties with China.
Chinese investment and the lessons of the country’s development are beneficial to African economies seeking to expand their global profile.
China is facilitating economic development in African countries not only through government-directed investment but also through the market forces unleashed by Chinese value chains.
As interactions between China and African countries grow, observers see potential for the cooperative relationship to revitalize Africa and promote much-needed economic development.
The investment of Asian firms in Africa’s cotton, textile, and apparel sectors could be both a boon and a hindrance for Africa’s own internal production.
Asian investors present both a challenge to and an opportunity for local industries, and southeast African countries need a clear vision and tailored policies to make the most of the opportunities.