China's Investment Pivot and Africa’s Industrial Prospects: Any Hope for African “Flying Geese”?
Charles Kenny
No 359, Policy Papers from Center for Global Development
Abstract:
This paper examines the changing shape of Chinese investment in Africa, as it evolves from large scale infrastructure toward small scale manufacturing. It looks at the opportunity for the region in the context of a deepening manufacturing labor shortage in China; discusses barriers to that opportunity in both China and the Africa region; and the potential response of Western countries. It may be possible for at least some economies in Africa to benefit from a combination of Chinese investment in manufactured export and processed commodity industries and preferential access to economies including the US and China if geopolitics allow, but there are many reasons this could fail and the geopolitics are increasingly hostile. A backup plan for regional growth would be wise.
Pages: 22 pages
Date: 2025-06-09
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Persistent link: https://EconPapers.repec.org/RePEc:cgd:ppaper:359
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