China and Africa: A Mutually Opportunistic Partnership?

González Richardson, Patricio (2010) China and Africa: A Mutually Opportunistic Partnership? Elcano Newsletter (68). 9 p.. ISSN 1698-5184

[img]
Preview
PDF
Available under License Creative Commons Attribution Non-commercial.

Download (106kB) | Preview

Abstract

The relationship between China and Africa is positive for both sides and the exchange of essential natural resources for infrastructure to foster economic development is more likely to benefit than paternalistic and failed aid strategies. China’s rapidly growing demand for energy and natural resources has created increasingly important strategic partnerships with African nations. Blessed with a strong endowment of mineral fuels and ores, Sub-Saharan nations are benefitting from Chinese demand that has driven commodity prices up and generated billions in infrastructure investment on the continent. While some believe China’s entry into Africa is simply another neo-colonial effort with a clear disregard for human rights and the legitimacy of governments, many believe China’s pragmatic and businesslike approach is more dynamic and well rounded than classic Western aid efforts. Not only are Chinese investments inherently different in their goals and strategy, but they are also significantly larger. There is no doubt that China will continue to need Africa for years, as its paradox of abundant human capital and scarce natural resources will make Africa a key partner in fuelling the double-digit growth rates needed to maintain political stability. It is the opinion of this paper that the relationship between China and Africa is positive for both sides. China is providing African nations with a tremendous opportunity and has made them relevant again to global policymakers, but it is up to Africa to capitalise and drive a hard bargain so that it finally comes out winning.

Item Type: Article
Additional Information: Estudio sólo disponible en inglés
Uncontrolled Keywords: Economía y Comercio Internacional / África Subsahariana
Subjects: INTERNATIONAL COOPERATION > INTERNATIONAL RELATIONS > FOREIGN POLICY.
INTERNATIONAL COOPERATION > INTERNATIONAL RELATIONS > ECONOMIC RELATIONS.
INTERNATIONAL COOPERATION > INTERNATIONAL RELATIONS > INTERNATIONAL RELATIONS.
INTERNATIONAL COOPERATION > COUNTRIES AND REGIONS > AFRICA
INTERNATIONAL COOPERATION > COUNTRIES AND REGIONS > CHINA
ENVIRONMENT; NATURAL RESOURCES > NATURAL RESOURCES > NATURAL RESOURCES.
ECONOMIC POLICY; SOCIAL POLICY; PLANNING > ECONOMIC POLICY; PLANNING > ECONOMIC AND SOCIAL DEVELOPMENT
Divisions: Real Instituto Elcano, RIE
Depositing User: Jorge Horcas Pulido
Date Deposited: 01 Apr 2012 13:42
Last Modified: 01 Apr 2012 13:42
URI: http://biblioteca.ribei.org/id/eprint/1947

Actions (login required)

View Item View Item