New Economic cooperation of China with Sub-Saharan Africa in Belt and Road Initiative

Weldegebriel Abrha Hagoss and Xia Youfu
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Weldegebriel Abrha Hagoss: Business School, University of International Business and Economics (UIBE), Chaoyang District, Beijing, P.R. China
Xia Youfu: International trade and industrial economics, University of International Business and Economics, Chaoyang District, Beijing, P.R. China

International Journal of Science and Business, 2021, vol. 5, issue 8, 139-160

Abstract: This study was conducted to investigate the effect of Chinese investment and trade on the business environment and Economic growth of Sub-Saharan Africa countries in the perspective of Belt and Road Initiative to improving the regional business environment and economy. The contribution of Chinese FDI and Trade has a positive significant effect to the economic growth of SSA and to linking with the international Business. The study used the BRI countries before and after starts from 2007-2011 and 2012-2018 respectively in 36 SSA countries. The new cooperation of Sino- SSA countries is not a threat and normalized the negative attitude of some western researchers about Sino-Africa. In order to more emphasize for all countries both China and SSA countries should do and revise their policy towards BRI. Also, it has an advantage to SSA countries and this study will help for the future base of Sino-Africa Belt and Road initiative research and emphasized both relationships.

Keywords: China; SSA; Investment; Trade; Economic Growth; BRI (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)

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