The economic consequences of China–Africa relations: debunking myths in the debate

This study is a very sharp analysis of some of the major problems in the relationship between China and Africa to reveal new myths surrounding this relationship. It reviews a number of recent literature and proposes discussions on three schools. There is no substantive empirical evidence to support critics of China-Africa relations in predicting future catastrophes. On average, this relationship is promising and promising from an economic standpoint, but more needs to be done in terms of multilateral relations, institutional improvements and sustainability of resource management. Several positive signs indicate that China is progressing to provide vacancies for multipolar dialogue. While benefiting in a short period of time, the African government has the ability to adjust this relationship and deal with socio-economic problems that may adversely affect long-term relationships. Implications of the policy discussed

In recent years China's economic presence in Africa has led to intense debate. Among them are things that gained enough information and about the nature of China's participation and its impact on the African continent. Part of the discussion is driven by China's rapid economic growth in Africa. For example, China's investment in Africa increased from $ 210 million in 2000 to $ 3.17 billion in 2011. Aid is an important policy tool for various cooperation between China and Africa. Indeed, Africa is the largest beneficiary of Chinese aid and by the end of 2009 it has acquired 45.7% of China's cumulative foreign aid amount of 25.629 billion yuan. Such aid to Africa raises many questions such as its composition, purpose, nature.

This study is a very sharp analysis of some of the major problems in the relationship between China and Africa to reveal new myths surrounding this relationship. It reviews a number of recent literature and proposes discussions on three schools. There is no substantive empirical evidence to support critics of China-Africa relations in predicting future catastrophes. On average, this relationship is promising and promising from an economic standpoint, but more needs to be done in terms of multilateral relations, institutional improvements and sustainability of resource management. Several positive signs indicate that China is progressing to provide vacancies for multipolar dialogue. While benefiting in a short period of time, the African government has the ability to adjust this relationship and deal with socio-economic problems that may adversely affect long-term relationships. Implications of the policy discussed

Cooperation between economy and trade is an important part of the relationship between China and Africa and is an important part of South-South cooperation. Strengthening economic and trade cooperation between China and Africa is a common interest for both sides. In the 50 years since the People's Republic birth, two-way trade has grown year by year. According to China customs statistics, the total import and export trade in 1999 was 6,484 million dollars, an increase of 17.2% over the previous year. Looking at the breakdown, China's exports to Africa were 4,190 million dollars (up 1.3% from the same period last year), and imports from Africa were 2,375 million dollars (up 60.9% from the same period last year). From January to August this year, trade between China and Africa continued to grow rapidly, reaching 67.2 billion US dollars, up 67.2% from the same period last year.