IDEAS home Printed from https://ideas.repec.org/a/ksb/journl/v2y2009p34-41.html
   My bibliography  Save this article

Mapping China’s Trade with Sub Saharan, Africa: A Financing Mechanism

Author

Listed:
  • Ghirmai T. Kefela

    (DTAG Inc. 2300 Airport Blvd. San Jose, CA 95110, USA 95110, USA)

Abstract

Attempt has been made to examine China’s trade with sub-Saharan countries and its impact on African‘s development as a financing mechanism. To achieve this main objective a systematic literature review is carried out. Literature review reveals that China’s financing in Africa is based on bilateral cooperation. China’s aid makes the African continent more attractive: Firstly because like any other western agencies China’s aid does not impose political and economically conditional requirements. Secondly China is investing in the areas because western aid-giving agencies and private investors have since long neglected to provide this region with like physical infra-structure, industry and agriculture. In 2006, China formulated its African Policy Paper, wherein China-Africa bilateral cooperation was focused on: (i) political and economical development, which covers high level visits for trade, investment, finance and natural resources, (ii) human resource developments with focus on education, science, and technology, and (iii) peace and security focusing on military, and conflict settlement. Africa represents an enormous market and urgently needs infrastructure development, which is one of it’s main concentrated objective in aid relations. As a result, their relation is expected to achieve lasting impact on the continent’s development and would transform the commercial engagement between the region and the Asian economic giant.

Suggested Citation

  • Ghirmai T. Kefela, 2009. "Mapping China’s Trade with Sub Saharan, Africa: A Financing Mechanism," KASBIT Business Journals (KBJ), Khadim Ali Shah Bukhari Institute of Technology (KASBIT), vol. 2, pages 34-41, December.
  • Handle: RePEc:ksb:journl:v:2:y:2009:p:34-41
    as

    Download full text from publisher

    File URL: http://kasbit.edu.pk/KBJVol2/34-41.%20Mapping%20China%E2%80%99s%20Trade%20withub%20Saharan,%20Africa%20A%20Financing%20Mechanism-Ghirmai%20T.%20Kefela.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Andrea Goldstein & Nicolas Pinaud & Helmut Reisen, 2006. "The Rise of China and India: What's in it for Africa?," OECD Development Centre Policy Insights 19, OECD Publishing.
    Full references (including those not matched with items on IDEAS)

    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. Carmody, Pádraig, 2009. "An Asian-Driven Economic Recovery in Africa? The Zambian Case," World Development, Elsevier, vol. 37(7), pages 1197-1207, July.
    2. Asongu, Simplice A, 2014. "Sino-African relations: a review and reconciliation of dominant schools of thought," MPRA Paper 66597, University Library of Munich, Germany.
    3. McDonald, Scott & Robinson, Sherman & Thierfelder, Karen, 2008. "Asian Growth and Trade Poles: India, China, and East and Southeast Asia," World Development, Elsevier, vol. 36(2), pages 210-234, February.
    4. Asongu, Simplice A, 2014. "A Development Consensus reconciling the Beijing Model and Washington Consensus: Views and Agenda," MPRA Paper 58757, University Library of Munich, Germany.
    5. Goldstein, Andrea E. & Pinaud, Nicolas & Reisen, Helmut & McCormick, Dorothy, 2009. "The Asian Drivers and Africa: Learning from Case Studies," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 32(11), pages 1538-1542.
    6. Jenkins, Rhys & Edwards, Chris, 2006. "The economic impacts of China and India on sub-Saharan Africa: Trends and prospects," Journal of Asian Economics, Elsevier, vol. 17(2), pages 207-225, April.
    7. Lauren A. Johnston & Stephen L. Morgan & Yuesheng Wang, 2015. "The Gravity of China's African Export Promise," The World Economy, Wiley Blackwell, vol. 38(6), pages 913-934, June.
    8. Giorgia Giovannetti & Marco Sanfilippo, 2009. "Do Chinese Exports Crowd-out African Goods? An Econometric Analysis by Country and Sector," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 21(4), pages 506-530, September.
    9. Matthias Busse & Ceren Erdogan & Henning Mühlen, 2016. "China's Impact on Africa – The Role of Trade, FDI and Aid," Kyklos, Wiley Blackwell, vol. 69(2), pages 228-262, May.
    10. Asongu, Simplice & Nwachukwu, Jacinta C. & Aminkeng, Gilbert A. A, 2014. "China’s Strategies in Economic Diplomacy: A Survey of Updated Lessons for Africa, the West and China," MPRA Paper 65304, University Library of Munich, Germany.
    11. Kohnert, Dirk, 2010. "Are the Chinese in Africa more innovative than the Africans ? Comparing Chinese and Nigerian entrepreneurial migrants‘ Cultures of Innovation," OSF Preprints tr6b8, Center for Open Science.
    12. Adrian Wood & Jörg Mayer, 2011. "Has China de-industrialised other developing countries?," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 147(2), pages 325-350, June.
    13. Simplice A. Asongu & Gilbert A.A. Aminkeng, 2013. "The economic consequences of China--Africa relations: debunking myths in the debate," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 11(4), pages 261-277, November.
    14. Reisen, Helmut, 2010. "The multilateral donor non-system: towards accountability and efficient role assignment," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 4, pages 1-22.
    15. Kohnert, Dirk, 2010. "Drivers of change or cut-throat competitors? Challenging Cultures of Innovation of Chinese and Nigerian migrant entrepreneurs in West Africa," MPRA Paper 23132, University Library of Munich, Germany.
    16. L. Alan Winters & Shahid Yusuf, 2007. "Dancing with the Giants: China, India, and the Global Economy," World Bank Publications - Books, The World Bank Group, number 6632.
    17. Edwards, Lawrence & Jenkins, Rhys, 2014. "The margins of export competition: A new approach to evaluating the impact of China on South African exports to Sub-Saharan Africa," Journal of Policy Modeling, Elsevier, vol. 36(S1), pages 132-150.
    18. Villoria, Nelson & Hertel, Thomas & Nin-Pratt, Alejandro, 2009. "China's growth and the agricultural exports of Southern Africa:," IFPRI discussion papers 891, International Food Policy Research Institute (IFPRI).
    19. Simplice A. Asongu & Paul N. Acha-Anyi, 2020. "A survey on the Washington Consensus and the Beijing Model: reconciling development perspectives," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 67(2), pages 111-129, June.
    20. Eric Hazard & Lotje De Vries & Mamadou Alimou Barry & Alexis Aka Anouan & Nicolas Pinaud, 2009. "The Developmental Impact of the Asian Drivers on Senegal," The World Economy, Wiley Blackwell, vol. 32(11), pages 1563-1585, November.

    More about this item

    Keywords

    economic integration; trade policy; international migration; Africa; China;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
    • F02 - International Economics - - General - - - International Economic Order and Integration

    Statistics

    Access and download statistics

    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:ksb:journl:v:2:y:2009:p:34-41. 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: Yasir Jaseem (email available below). General contact details of provider: https://edirc.repec.org/data/fmkaspk.html .

    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.