 Chinese Foreign Direct Investment in Africa: Its Motivations, Determinants, and Impact on the African EconomiesKevin Honglin Zhang ()
A chapter in The Palgrave Handbook of Africa’s Economic Sectors, 2022, pp 603-624 from Springer Abstract: Abstract China’s foreign direct investment (FDI) in Africa in the twenty-first century has increased significantly. This chapter provides comprehensive and comparative analyses of major features of China’s FDI in Africa, including its motivations, determinants, position in the world, and impact on African economies. We find that (a) the Chinese investment has risen substantially in recent years, but remains small relative to the traditional investors from Europe and the US; (b) sectoral distribution and motivations of the China’s FDI are similar to those from traditional investors (OECD member countries); and (c) special benefits of China’s FDI to Africa include investment in construction-infrastructure and suitable technologies in labor-intensive projects; while potential problems are related to the debt trap and lack of job creation. Keywords: Foreign direct investment (FDI); Multinational corporations (MNCs); Infrastructure; Manufactures; Natural resources; F21; F23; O14 (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-75556-0_23 Ordering information: This item can be ordered from DOI: 10.1007/978-3-030-75556-0_23 Access Statistics for this chapter More chapters in Springer Books from Springer |
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