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Development Aid and Sustainable Economic Growth in AfricaA Qualitative Analysis of Africa–China Economic Relations

Development Aid and Sustainable Economic Growth in Africa: A Qualitative Analysis of Africa–China... [China has had far more superficial relations with Africa than any major European nation: although archaeological findings place the first contact between the two regions during the Sung dynasty (960–1279 AD), it was not until 1413 that the Chinese Admiral Zheng Ho established early trading relations with indigenous populations along the East African coast. Trade between the two continents continued sporadically, while state relations remained at an unofficial level until the end of the nineteenth century. Yet, since the 1990s, China has devised and implemented an extraordinarily comprehensive and efficient strategy to nurture business and political relations with Africa. This relation has been seen by many as revolutionary. By tracing the economic and political interests of key constituencies in Chinese foreign policy, analysing the economic fundamentals of the policies they promote in Africa and picking on significant cooperation sectors, Raudino shows how the fundamentals of China–Africa economic relations do not differ substantially from the fundamentals of West–Africa economic relations.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Development Aid and Sustainable Economic Growth in AfricaA Qualitative Analysis of Africa–China Economic Relations

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Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s) 2016
ISBN
978-3-319-38935-6
Pages
209 –244
DOI
10.1007/978-3-319-38936-3_6
Publisher site
See Chapter on Publisher Site

Abstract

[China has had far more superficial relations with Africa than any major European nation: although archaeological findings place the first contact between the two regions during the Sung dynasty (960–1279 AD), it was not until 1413 that the Chinese Admiral Zheng Ho established early trading relations with indigenous populations along the East African coast. Trade between the two continents continued sporadically, while state relations remained at an unofficial level until the end of the nineteenth century. Yet, since the 1990s, China has devised and implemented an extraordinarily comprehensive and efficient strategy to nurture business and political relations with Africa. This relation has been seen by many as revolutionary. By tracing the economic and political interests of key constituencies in Chinese foreign policy, analysing the economic fundamentals of the policies they promote in Africa and picking on significant cooperation sectors, Raudino shows how the fundamentals of China–Africa economic relations do not differ substantially from the fundamentals of West–Africa economic relations.]

Published: Nov 27, 2016

Keywords: Chinese Firm; United Nations Security Council; Asian Infrastructure Investment Bank; Chinese SOEs; China Communist Party

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