IDEAS home Printed from https://ideas.repec.org/a/aif/journl/v5y2021i8p139-160.html
   My bibliography  Save this article

New Economic cooperation of China with Sub-Saharan Africa in Belt and Road Initiative

Author

Listed:
  • Weldegebriel Abrha Hagoss

    (Business School, University of International Business and Economics (UIBE), Chaoyang District, Beijing, P.R. China)

  • Xia Youfu

    (International trade and industrial economics, University of International Business and Economics, Chaoyang District, Beijing, P.R. China)

Abstract

This study was conducted to investigate the effect of Chinese investment and trade on the business environment and Economic growth of Sub-Saharan Africa countries in the perspective of Belt and Road Initiative to improving the regional business environment and economy. The contribution of Chinese FDI and Trade has a positive significant effect to the economic growth of SSA and to linking with the international Business. The study used the BRI countries before and after starts from 2007-2011 and 2012-2018 respectively in 36 SSA countries. The new cooperation of Sino- SSA countries is not a threat and normalized the negative attitude of some western researchers about Sino-Africa. In order to more emphasize for all countries both China and SSA countries should do and revise their policy towards BRI. Also, it has an advantage to SSA countries and this study will help for the future base of Sino-Africa Belt and Road initiative research and emphasized both relationships.

Suggested Citation

  • Weldegebriel Abrha Hagoss & Xia Youfu, 2021. "New Economic cooperation of China with Sub-Saharan Africa in Belt and Road Initiative," International Journal of Science and Business, IJSAB International, vol. 5(8), pages 139-160.
    • Handle: RePEc:aif:journl:v:5:y:2021:i:8:p:139-160
    as

    Download full text from publisher

    File URL: https://ijsab.com/wp-content/uploads/789.pdf
    Download Restriction: no
    File URL: https://ijsab.com/volume-5-issue-8/4095
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Xiaoyang Chen,Maggie & Lin,Chuanhao, 2018. "Foreign Investment across the Belt and Road : Patterns, Determinants, and Effects," Policy Research Working Paper Series 8607, The World Bank.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Weldegebriel Abrha Hagoss & Xia Youfu, 2021. "The Effect of China’s investment on the Business Environment and Economic Growth of Sub-Saharan Africa in perspective of Belt and Road Initiative," International Journal of Science and Business, IJSAB International, vol. 5(8), pages 161-182.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Damoah, Kaku Attah & Giovannetti, Giorgia & Marvasi, Enrico, 2022. "Do country centrality and similarity to China matter in the allocation of belt and road projects?," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 660-674.
    2. Yang Gao, 2022. "The Belt and Road Initiative and cascading innovation in China’s domestic railway ecosystem," Journal of International Business Policy, Palgrave Macmillan, vol. 5(2), pages 236-258, June.
    3. Yan Jin & Liyun Zhang & Lu Feng, 2022. "Success Factors of Cross-Border Agricultural Investments for Opium Poppy Alternative Project under China’s Belt and Road Initiative," Sustainability, MDPI, vol. 14(23), pages 1-16, November.
    4. de Soyres, François & Mulabdic, Alen & Murray, Siobhan & Rocha, Nadia & Ruta, Michele, 2019. "How much will the Belt and Road Initiative reduce trade costs?," International Economics, Elsevier, vol. 159(C), pages 151-164.
    5. Ling Fang & Martin Kleimann & Yuan Li & Hans-Jörg Schmerer, 2019. "The Implications of the New Silk Road Railways on Local Development," CESifo Working Paper Series 7923, CESifo.
    6. World Bank, 2020. "South Caucasus and Central Asia - The Belt and Road Initiative," World Bank Publications - Reports 34121, The World Bank Group.
    7. Jeffrey B. Nugent & Jiaxuan Lu, 2020. "Does the All-China Federation of Industry and Commerce Align Private Firms with the Goals of the People's Republic of China's Belt and Road Initiative?," Asian Development Review, MIT Press, vol. 37(2), pages 45-76, September.
    8. Hongxing Yao & Mohammed Ismail Alhussam & Omar Abu Risha & Bilal Ahmed Memon, 2020. "Analyzing the Relationship between Agricultural FDI and Food Security: Evidence from Belt and Road Countries," Sustainability, MDPI, vol. 12(7), pages 1-20, April.
    9. Weldegebriel Abrha Hagoss & Xia Youfu, 2021. "The Effect of China’s investment on the Business Environment and Economic Growth of Sub-Saharan Africa in perspective of Belt and Road Initiative," International Journal of Science and Business, IJSAB International, vol. 5(8), pages 161-182.
    10. World Bank, 2020. "South Caucasus and Central Asia - The Belt and Road Initiative," World Bank Publications - Reports 34118, The World Bank Group.
    11. Jianhong Qi & Kam Ki Tang & Da Yin & Yong Zhao, 2020. "Remaking China’s Global Image with the Belt and Road Initiative: Is the Jury Out?," Discussion Papers Series 635, School of Economics, University of Queensland, Australia.
    12. Chi Zhang & Ivan T. Kandilov & Mark D. Walker, 2022. "Belt and road initiative and Chinese cross‐border mergers and acquisitions," The World Economy, Wiley Blackwell, vol. 45(6), pages 1978-1996, June.
    13. World Bank, 2020. "South Caucasus and Central Asia - The Belt and Road Initiative," World Bank Publications - Reports 34119, The World Bank Group.
    14. Peng, Hua-Rong & Tan, Xiujie & Managi, Shunsuke & Taghizadeh-Hesary, Farhad, 2022. "Club convergence in energy efficiency of Belt and Road Initiative countries: The role of China’s outward foreign direct investment," Energy Policy, Elsevier, vol. 168(C).
    15. Nugent, Jeffrey B. & Lu, Jiaxuan, 2021. "China's outward foreign direct investment in the Belt and Road Initiative: What are the motives for Chinese firms to invest?," China Economic Review, Elsevier, vol. 68(C).
    16. World Bank, 2020. "From Landlocked to Land-Linked," World Bank Publications - Reports 33891, The World Bank Group.
    17. World Bank, 2020. "South Caucasus and Central Asia - The Belt and Road Initiative," World Bank Publications - Reports 34122, The World Bank Group.
    18. Fang, Ling & Kleimann, Martin & Li, Yuan & Schmerer, Hans-Jörg, 2021. "The implications of the New Silk Road Railways on local development," Journal of Asian Economics, Elsevier, vol. 75(C).
    19. Alena DORAKH, 2022. "Trade and FDI connectivity in Europe: the European Union, Western Balkans and new EU candidate countries," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 13, pages 24-53, December.
    20. World Bank, 2020. "South Caucasus and Central Asia - The Belt and Road Initiative," World Bank Publications - Reports 34120, The World Bank Group.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aif:journl:v:5:y:2021:i:8:p:139-160. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Farjana Rahman (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.