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Enter the Dragon: China in Africa April 27, 2015

Posted by OromianEconomist in Africa, China and Africa.
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OChinaAfrica

Chinese-African investment has been dubbed ‘neo-liberalism with Chinese characteristics’. Africa’s trade links with Asian economies, where Africa supplies primary commodities and Asia supplies manufactured goods, simply replicate Africa’s relationship of dependency with Western traditional partners. There are grounds for this argument as many academics and policy-makers perceive China as another capitalist state following its corporate interest and profit motives (Li, Wenping, and Mbaye, 2010). Bond (2006) reiterates, ‘Chinese penetration only presents the ugly face of predatory capitalism’.

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