| ID | 125014 |
| Title Proper | Economic consequences of China-Africa relations |
| Other Title Information | debunking myths in the debate |
| Language | ENG |
| Author | Simplice A. Asongu ; Aminkeng, Gilbert A.A |
| Publication | 2013. |
| Summary / Abstract (Note) | This study dissects with great acuteness some of the big questions on China-Africa relations in order to debunk burgeoning myths surrounding the nexus. It reviews a wealth of recent literature and presents the debate in three schools of thought. No substantial empirical evidence is found to back up sinister prophesies of coming catastrophe from critics of the direction of China-Africa relations. In the mean, the relationship from an economic standpoint is promising and encouraging but more needs to be done regarding multilateral relations, improvement of institutions, and sustainability of resources management. A number of positive signs suggest that China is heading toward the direction which would provide openings for a multipolar dialog. While benefiting in the short run, African governments have the capacity to tailor this relationship and address some socio-economic matters arising that may negatively affect the nexus in the long term. Policy implications are discussed. |
| `In' analytical Note | Journal of Chinese Economics and Business Studies Vol.11, No.4; 2013: P.261-277 |
| Journal Source | Journal of Chinese Economics and Business Studies Vol.11, No.4; 2013: P.261-277 |
| Key Words | China-Africa Relations ; China ; Economic Standpoint ; Economics ; Chinese Economy ; Africa ; Multilateral Relations ; Foreign Direct Investment - FDI ; International Trade |