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China's Trade and Investment in Africa - Impact on Development, Employment Generation & Transfer of Technology (Hardcover, 1st ed. 2020)
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China's Trade and Investment in Africa - Impact on Development, Employment Generation & Transfer of Technology (Hardcover, 1st ed. 2020)
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The core argument of this book is that China poses both challenges
and creates opportunities for Africa, and that the transformative
potentials of China-Africa engagements can be compared to Africa's
experiences with European colonialism. However, it would be
patently misleading to claim any equivalence between African
experiences of European colonialism with Africa's engagements with
China. Although, China does not replicate the exact colonial model,
its actions have all elements of dependent relations, thus
underpinning neo-colonialism with Chinese characteristics.
Analysing China's growing economic relations with Africa, this book
posits that, Africa's underdevelopment situation with China does
not indicate a significant point of departure from the colonial
model of development because China's actions in Africa, although
not exactly colonial, have all possibilities of Neocolonialist
model with Chinese characteristics. As such the author argues that
China's increasing trade, FDI inflow and influence on the economic
growth and development in Africa will result in a long-term
negative impact in development outcomes and capacity building,
governance practice, democratic transition and human rights for
future self-reliance and sustainable development.
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