IDEAS home Printed from https://ideas.repec.org/p/imf/imfwpa/2007-211.html
   My bibliography  Save this paper

What Drives China’s Growing Role in Africa?

Author

Listed:
  • Mr. Jian-Ye Wang

Abstract

What role does China play in Africa's development? What drives China's increasing economic involvement in the continent? This paper attempts to provide a quantified assessment of China's multifaceted influence as market, donor, financer and investor, and contractor and builder. Though in the past official development aid predominated, the paper argues that government policies, markets for each other's exports, Africa's demand for infrastructure, and differences in China's approach to financing have together moved commercial activities-trade and investment-to the center of China-Africa economic relations. While China's public sector, state financial institutions in particular, has been instrumental in the process, the influence of its private sector is increasing. Implications for the future of China-Africa economic relations are briefly noted.

Suggested Citation

  • Mr. Jian-Ye Wang, 2007. "What Drives China’s Growing Role in Africa?," IMF Working Papers 2007/211, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2007/211
    as

    Download full text from publisher

    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=21282
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. World Economic Forum & World Bank & African Development Bank, 2007. "The Africa Competitiveness Report 2007," World Bank Publications - Books, The World Bank Group, number 6612.
    2. 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)

    Citations

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


    Cited by:

    1. Mourao, Paulo Reis, 2018. "What is China seeking from Africa? An analysis of the economic and political determinants of Chinese Outward Foreign Direct Investment based on Stochastic Frontier Models," China Economic Review, Elsevier, vol. 48(C), pages 258-268.
    2. Suhas Ketkar & Dilip Ratha, 2009. "Innovative Financing for Development," World Bank Publications - Books, The World Bank Group, number 6549.
    3. Mary-Françoise Renard, 2011. "Working Paper 126 - China’s Trade and FDI in Africa," Working Paper Series 297, African Development Bank.
    4. Yin‐Wong Cheung & Xingwang Qian, 2009. "Empirics Of China'S Outward Direct Investment," Pacific Economic Review, Wiley Blackwell, vol. 14(3), pages 312-341, August.
    5. Mullings, Robert & Mahabir, Aruneema, 2018. "Growth by Destination: The Role of Trade in Africa’s Recent Growth Episode," World Development, Elsevier, vol. 102(C), pages 243-261.
    6. Riccardo Fiorentini & Guido Montani, 2012. "The New Global Political Economy," Books, Edward Elgar Publishing, number 14443.
    7. Andersen, Thomas Barnebeck & Barslund, Mikkel & Hansen, Casper Worm & Harr, Thomas & Jensen, Peter Sandholt, 2014. "How much did China's WTO accession increase economic growth in resource-rich countries?," China Economic Review, Elsevier, vol. 30(C), pages 16-26.
    8. Ratha, Dilip & Mohapatra, Sanket & Plaza, Sonia, 2008. "Beyond aid : new sources and innovative mechanisms for financing development in Sub-Saharan Africa," Policy Research Working Paper Series 4609, The World Bank.
    9. Nihal Bayraktar, 2017. "Impacts Of Africa'S Total And Commodity-Based Trade With China And Oecd Countries†," Eurasian Journal of Economics and Finance, Eurasian Publications, vol. 5(1), pages 95-113.
    10. Jean-Raphaël Chaponnière & Emmanuel Comole & Pierre Jacquet, 2009. "Les pays émergents et l’aide au développement," Revue d'Économie Financière, Programme National Persée, vol. 95(2), pages 173-188.

    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. Ubogu, A.E. & Ariyo, J.A. & Mamman, M., 2011. "Port-hinterland trucking constraints in Nigeria," Journal of Transport Geography, Elsevier, vol. 19(1), pages 106-114.
    7. 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.
    8. 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.
    9. 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.
    10. 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.
    11. 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.
    12. Kohnert, Dirk, 2010. "Are the Chinese in Africa More Innovative than the Africans? Comparing Chinese and Nigerian Entrepreneurial Migrants' Cultures of Innovation," EconStor Conference Papers 119528, ZBW - Leibniz Information Centre for Economics.
    13. 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.
    14. 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.
    15. 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.
    16. 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.
    17. 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.
    18. 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.
    19. World Bank, 2008. "Africa Development Indicators 2007," World Bank Publications - Books, The World Bank Group, number 12362.
    20. 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).

    More about this item

    Keywords

    WP; China; Africa; firm; government; trade;
    All these keywords.

    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:imf:imfwpa:2007/211. 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: Akshay Modi (email available below). General contact details of provider: https://edirc.repec.org/data/imfffus.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.