Essay on Chinese Companies in Africa

Essay on Chinese Companies in Africa

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The investment of Chinese companies in Africa has advanced observably throughout the most recent five decades and in three different phases. At first, the connections were made between China and African countries as they picked autonomy. Later in year 1971, China was an official and permanent member of UN Security Council. The last stage blankets the post-Maosist period and is described by the liberalization and resulting development of the Chinese economy.
Africa is rich in natural resources and since it is a developing nation, the countries encourage FDI. China sees Africa as a pot of resources which has not been exploited/well explored yet. This investment from Chinese companies in Africa has also resulted in the development of these nations, hence it is a win-win situation for them.
Generally, China has the same motivations to take part in Africa as do other real remote on-screen characters. Beijing needs African oil to enhance its vitality imports keeping in mind the end goal to protect the sound advancement of its economy, and obliges other characteristic assets to maintain producing capacities. Chinese organizations, like their European and American partners, additionally see guaranteeing open doors in coddling African markets. Anyway their separate systems commonly vary on numerous records. China's interest for common assets consolidated with its procedure to expand vitality imports and recognize new markets has brought about quickly expanding Chinese speculations in Africa. In the meantime, Chinese organizations been less hesitant than some of its Western partners as far as creating business engages in nations grieved by inside clash. This implies that China has an obvious need to secure its diversions in Africa. Intere...


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... journey, promises to expand China’s foreign aid,” Xinhua, September 23, 2010: http:newsxinhuanet.com/english2010/china/2010-09/23/c_13525852.htm (accessed November 17, 2013)
Zheng, Liang “Neo-colonialism, Ideology or Just Business: China’s Perception of Africa” Global Media and Communication, Vol.6: 3 (2010): 271-276
Baker & McKenzie; http://www.bakermckenzie.com/globalemergingmarketsindia/
Reuters 2014; http://www.reuters.com/article/2014/03/07/markets-emerging-idUSL6N0M414Q20140307
CNN Money, 2014; http://finance.fortune.cnn.com/2014/02/11/why-indias-emerging-market-is-in-trouble/
http://www.tradeforum.org/What-are-Chinese-and-Indian-Firms-doing-in-Africa/
http://www.chinausfocus.com/finance-economy/chinas-investments-in-africa/
http://www.economist.com/news/middle-east-and-africa/21574012-chinese-trade-africa-keeps-growing-fears-neocolonialism-are-overdone-more

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