On the scale of investment, according to Commerce Department statistics, China invested Africa a total of $29.78 billion and 32.02 billion in the year of 2014 and 2015.doi:10.1007/978-981-10-7983-2_16Xiuping ZhangBruce P. Corrie
in which China has been portrayed as either an altruistic development partner or a neocolonial power. As an effort to bring more complexity and nuance to the ongoing discussions, this chapter investigates Chinese investment in Africa from an
It focuses on China's capitalist, even "imperialist" impulses—its hunger for raw materials, its financial prowess, and its wide-ranging investment portfolio throughout Africa. 2 A frenzy of alarmist media reports, as well as a rapidly growing academic literature on China in Africa, have ...
According to statistics, China has remained South Africa's largest trading partner for 15 consecutive years, while South Africa has been China's largest trading partner in Africa for 14 consecutive years. In the first five months of 2024, bilateral trade volume reached $23.5 billion. Among them,...
The Asia-Pacific region is the next largest destination, followed by Africa, Europe, and the Americas, with approximately equal shares (Figure 2). Chinese investment in Europe is both recent and still relatively insignificant although it has shown a clear upward trend over the past few years. ...
China's nonfinancial outbound direct investment soared 16.6 percent year-on-year to $72.62 billion in the first half of 2024, data from the Ministry of Commerce showed. Cooperation under the Belt and Road Initiative framework gained steam as Chinese ODI in countries and regions participating in ...
Chinese manufacturing investment in Africa issaidto be the continent’s best hope “to industrialise in this generation”. But, in Nigeria, rising insecurity may be threatening this prospect. The strong diplomatic relations and economic ties between China and Nigeria, whichdate backto the 1970s at...
China's National Bureau of Statistics released a series of major economic data for November on Wednesday. Data shows that China's economy continued its recovery momentum in November, with major indicators staying within a reasonable range. To understand how the Chinese economy continues t...
The project, with a total investment cost of 848 million U.S. dollars, is located at Abu Tartour of New Valley Governorate in the southwest of Egypt and the plant will be used to produce commercial-grade phosphoric acid products. The annual production capacity of the plant is about 1 milli...
Oliver Chinganya, director of the African Center for Statistics at the United Nations Economic Commission for Africa (UNECA), speaks during the UN Chinese Language Day celebration in Addis Ababa, Ethiopia, April 18, 2024. The United Nations family in Ethiopia marked UN Chinese Language Day on Th...