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Working Paper 124 - Post-Crisis Prospects for China-Africa Relations

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China’s rapid growth has transformed its relationship with Africa. Industrialization has boosted China’s import demand for oil and minerals (e.g. iron ore, bauxite, nickel, copper), which Africa can satisfy. China is now Africa’s third largest trading partner and the Chinese governments going global strategy encouraged Chinese companies to become multinationals. The China-Africa relationship could be described as “commodities-for-infrastructure”, although a shift to broader cooperation on development is now evident. This paper discusses how China’s relationship with Africa is contributing to its overall development and emphasizes the central role of the Forum on China-Africa Cooperation (FOCAC). The principal conclusion is that while China is likely to remain engaged with Africa in the medium term, to reap the full benefits, African countries need to transform this engagement into additional development opportunities.

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  • Jing Gu & Richard Schiere, 2011. "Working Paper 124 - Post-Crisis Prospects for China-Africa Relations," Working Paper Series 292, African Development Bank.
    • Handle: RePEc:adb:adbwps:292
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    1. World Bank, 2010. "World Development Report 2010," World Bank Publications - Books, The World Bank Group, number 4387, December.
    2. -, 2009. "The economics of climate change," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38679, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    3. World Bank, 2010. "Economics of Adaptation to Climate Change : Synthesis Report," World Bank Publications - Reports 12750, The World Bank Group.
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    Cited by:

    1. Fred Eka, 2019. "IDE chinois et croissance économique des pays d'Afrique sub-saharienne : approche par la MMG en données de panel," Working Papers hal-02141049, HAL.
    2. Fred EKA, 2019. "IDE chinois et croissance économique des pays d'Afrique sub-saharienne : approche par la MMG en données de panel," Working Papers 2018-2019_6, CATT - UPPA - Université de Pau et des Pays de l'Adour, revised Feb 2019.

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