Chinese OFDI in Africa: Trends, Prospects, and Threats
Gayle Allard
Chapter 13 in Chinese International Investments, 2012, pp 279-299 from Palgrave Macmillan
Abstract:
Abstract The African continent has become an important target for foreign investors. Since 1985, outward foreign direct investment (OFDI) inflows to the region have risen from US$2.4 to US$62 billion, and stocks have soared from US$40 billion in 1980 to US$315 billion in 2006 (UNCTAD, 2008; McKinsey, 2010). Africa’s lure for foreign investors lies in its demographic and economic growth with the resulting rise in consumer markets, its abundant natural resources, and an improving business environment in many countries that makes them more attractive to investors. The Chinese have joined investors around the world in taking important positions on the continent.
Keywords: Host Country; Foreign Investor; Corruption Perception Index; Outward Foreign Direct Investment; Chinese Investment (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-36157-7_14
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DOI: 10.1057/9780230361577_14
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