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Private Chinese Investment in Africa: Myths and Realities

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  • Xiaofang Shen

Abstract

type="main"> Private Chinese outbound investment, not as well-known as government-led investment, offers special opportunities and challenges for Africa today. The significance of Chinese private-sector investment is already visible in the burgeoning manufacturing sector in some parts of Africa, and the trend will continue to grow in the near future. The underlying force behind this trend is the increased pressure of industrial restructuring in coastal China, which drives some labour-intensive firms to relocate to other parts of the developing world. African host-country governments can respond to this phenomenon with proactive development policies and strategies to maximise private Chinese investment for the benefit of their own economies.

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  • Xiaofang Shen, 2015. "Private Chinese Investment in Africa: Myths and Realities," Development Policy Review, Overseas Development Institute, vol. 33(1), pages 83-106, January.
  • Handle: RePEc:bla:devpol:v:33:y:2015:i:1:p:83-106
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    References listed on IDEAS

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    1. Louis T. Wells, 1983. "Third World Multinationals: The Rise of Foreign Investments from Developing Countries," MIT Press Books, The MIT Press, edition 1, volume 1, number 026273169x, December.
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    3. Gregory T. Chin & Kevin P. Gallagher, 2019. "Coordinated Credit Spaces: The Globalization of Chinese Development Finance," Development and Change, International Institute of Social Studies, vol. 50(1), pages 245-274, January.
    4. Fei, Ding, 2020. "Variegated work regimes of Chinese investment in Ethiopia," World Development, Elsevier, vol. 135(C).
    5. Linda Calabrese & Xiaoyang Tang, 2023. "Economic transformation in Africa: What is the role of Chinese firms?," Journal of International Development, John Wiley & Sons, Ltd., vol. 35(1), pages 43-64, January.
    6. Dramane Thiombiano & Ahmet YiÄŸitalp TULGA, 2022. "A Sentiment Based Text Analysis of the Perception of Chinese Infrastructure Development in Africa: Cases from Nigeria and Ethiopia," International Journal of Social Science Studies, Redfame publishing, vol. 10(1), pages 11-27, January.
    7. Xia, Ying & Chen, Muyang, 2023. "The Janus face of stateness: China's development-oriented equity investments in Africa," World Development, Elsevier, vol. 162(C).
    8. Deborah Brautigam & Tang Xiaoyang & Ying Xia, 2018. "What Kinds of Chinese ‘Geese’ Are Flying to Africa? Evidence from Chinese Manufacturing Firms," Journal of African Economies, Centre for the Study of African Economies, vol. 27(suppl_1), pages 29-51.
    9. Benfratello, Luigi & D’Ambrosio, Anna & Sangrigoli, Alida, 2023. "Foreign Direct Investments in Africa: Are Chinese investors different?," Journal of Business Research, Elsevier, vol. 155(PA).
    10. Kenneth Kalu, 2021. "‘Respect’ and ‘agency’ as driving forces for China–Africa relations," Place Branding and Public Diplomacy, Palgrave Macmillan, vol. 17(4), pages 336-347, December.
    11. Zhongjin Li & David M. Kotz, 2021. "Is China Imperialist? Economy, State, and Insertion in the Global System," Review of Radical Political Economics, Union for Radical Political Economics, vol. 53(4), pages 600-610, December.
    12. Sylviane Guillaumont Jeanneney and Ping Hua, 2020. "When and How African Real Exchange Rates Relative to China Affect its Manufacturing?," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 45(4), pages 1-34, December.
    13. Chege, Samwel Macharia & Wang, Daoping & Suntu, Shaldon Leparan & Bishoge, Obadia Kyetuza, 2019. "Influence of technology transfer on performance and sustainability of standard gauge railway in developing countries," Technology in Society, Elsevier, vol. 56(C), pages 79-92.

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