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China and Mozambique - From comrades to capitalists (Paperback)
Loot Price: R397
Discovery Miles 3 970
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China and Mozambique - From comrades to capitalists (Paperback)
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Loot Price R397
Discovery Miles 3 970
Expected to ship within 12 - 17 working days
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China's rising position in African affairs, from that of quiescence
to becoming a key economic actor on the continent, is now a
well-recognised fact. The emergence of China as Africa's top
trading partner and leading source of foreign direct investment in
2009 has sharpened the focus on Chinese aspiration and conduct in
Africa. Two- way trade is surging, from just over US$10 billion in
2000 to US$220 billion in 2012, and is predicted by South Africa's
leading financial institution, Standard Bank, to rise to US$300
billion by 2015. At the same time, the range of reactions to
greater Chinese involvement across Africa has varied from
enthusiastic embrace by elites to caution from businesses, trade
unions and civil society, and even hostility from some local
communities. As China-Africa ties have grown in depth and
complexity, it is necessary to go beyond the larger surveys to
delve into a bilateral relationship to get a fuller sense of the
ties today. This book chooses to explore one case in particular,
that is the relationship between China and Mozambique, and the
specificities that it brings to the general themes raised above in
China-Africa relations. It begins by examining the bilateral
relationship in both its historical context and more contemporary
forms. It looks at Chinese investment in the Mozambican banking
sector and at elite business alliances, in agriculture and
infrastructure. It discusses the meaning and implications of the
cooperation between the two countries.
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