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CHRIS ALDEN, LU JIANG (1) answer(s).
 
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Brave new world: debt, industrialization and security in China–Africa relations / Alden, Chris ; Jiang, Lu   Journal Article
Alden, Chris Journal Article
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Summary/Abstract China's ties with Africa are evolving into a multi-faceted relationship of increasing complexity. After nearly two decades of debt-financed infrastructure development, Beijing's exposure to African debt is reaching disquieting proportions with an estimated US$132 billion owed to China in 2016. Managing this new role as Africa's creditor poses uncomfortable questions for creditor and debtor alike. Concurrently, the quiet surge of Chinese investment in manufacturing in Africa is transforming local economies in ways that are beginning to alter the continent's position within the global economy. Finally, the proliferation of Chinese businesses and migrants across Africa is inspiring greater Chinese involvement in UN peacekeeping and private security initiatives.
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