Navigating the Evolving Landscape between China and Africa’s Economic Engagements

Navigating the Evolving Landscape between China and Africa’s Economic Engagements
READ MORE...
Volume/Issue: Volume 2024 Issue 037
Publication date: February 2024
ISBN: 9798400267840
$20.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
paperback else
pdf else
epub else
English
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Economics- Macroeconomics , Economics / General , Africa , sub-Saharan Africa , China , Trade , Debt , Lending , Investment , Belt and Road Initiative , , growth slowdown , economic engagement , A , AFRMOD , C , Investment linkage , AFRMOD model , Foreign direct investment , Loans , Exports , Global , Caribbean , South America

Summary

China and Africa have forged a strong economic relationship since China’s accession to the WTO in 2001. This paper examines the evolution of these economic ties starting in the early 2000s, and the subsequent shift in the relationship triggered by the commodity price collapse in 2015 and by the COVID-19 pandemic. The potential effects on the African continent of a further slowdown in Chinese growth are analyzed, highlighting the varying effects on different countries in Africa, especially those heavily dependent on their economic relationship with China. The conclusion offers a discussion of ways how African countries and China could adapt to the changing relationship.