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China-africa economic relations essay
China-africa economic relations essay
China in Africa: a big step forward, or a bigger step backward
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China’s Presence in Africa
China has long been known as a nation that has been a part of every history of each country around the globe. The nation has been known as a friend to many especially in the field of trade and business. They have introduced Western nations to rare and exquisite Eastern culture, cuisine and resources only one can find in the region. For the Eastern nations it has worked with, it was the Chinese who have introduced Western merchandise and traditions. At present, the country is slowly becoming famous not only for its economic boom but also due to its rapidly increasing power of its influence in other countries. In the case of the United States, this particular influence of China raises alarm to some experts and lawmakers as it would affect not only the US influence but also the economic sector of the country. With the visible presence of China in one of the most highly impoverished region Africa, many argue that Africa will also be affected by the continuous entry of Chinese workers in the country. This paper will discuss why China’s visible presence in Africa would cause problems not only for the Africans but also for the Americans.
China’s presence serves as a threat mostly for the African population as the Chinese are starting to monopolize the labour and resources Africa could have used to their advantage and provide work for the people. In an article written by Baah and Jauch (2009). China’s trade volume Africa has reached up to $29-46 billion which continuously increases each year. Imports from Africa are worth $15.6 billion in amount, 90% higher than previous years. Many have noted that China’s presence in Africa is due to its oil and natural resources which are then reasons why it continues to h...
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...ern community and for the African region itself, it is crucial that the effects of this presence is slowly developing the region to enable it to sustain the millions who have been impoverished since the beginning and enable them to seek out developmental strategies that would help the region stand up and compete with the other developing countries around them. Many have noted that this presence of China in the region is not to be exaggerated. Nevertheless, if China’s actions is not closely monitored, checked and regulated; the hunches of both the concerned Africans and the United States may become reality and it may harm these two concerned groups more than what they have estimated. Africa is still a region that is slowly developing and raising more problems in the region may just affect Africa’s development and improvement, causing more people to be put in debt.
Priscilla. “The World Economy and Africa.” JSpivey – Home – Wikispaces. 2010. 29 January 2010. .
When the Age of Imperialism began in 1875, it effected Africa in many ways. Nowhere was the competition for colonies more intense than in Africa. Europeans went after North and South Africa splitting up the continent. Egypt and Sudan were taken over by Britain to obtain the Suez Canal. Imperialism helped to develop Africa’s economy and turned it into a continent of colonies.
China is an economic power and the U.S. behaves with china because of security reason and China has the biggest U.S debt. If China decides to call it in it will have a huge impact in the U.S. economy and it will destroy its own economy as well. China is the second largest importer and exporter of the U.S. trade deals. The U.S sees china as a security concern because it has become very powerful and its economy is really big which can start investing in its military and increase threat and destabilize region and to U.S. allies such as Japan and South Korea. Furthermore, U.S sees china as a security because it has invested a lot in Africa because of its continental natural resources, and around 2007 the Congolese Government announced that China would bullied and refurbish rail ways, roads and mines in Congo at about $12 billion and china would benefit by mining copper ore and shows that it is dedicated to investing no matter how big the price tag would be in war torn countries. China has also invest in Nigeria by rebuilding its railroad system and is building a new railroad system. In Gabon it has paved almost 80 percent of its roads and Chinese firms are exploring for Oil and natural gas. The U.S and behaves negatively towards China as well because of currency manipulation and devaluing its currency to get and advantage in trade, as well as violations of Human Rights,
It is thought-provoking, in the sense that Africa’s need for foreign created a race to the bottom, much like what Pietra Rivoli described in The Travels of a T-Shirt in the Global Economy. Due to some African states’ reliance on foreign aid in order to mine and profit on their resources, they allow business standards to be lowered and for Chinese firms to tip the contracts moresoever in the favor of Chinese firms. This lowers the potential earnings of African states by lowering royalty rates, for example. Additionally, Burgis’ research was thorough and transparent. When he did not receive a response or if his questions were dodged, he made it obvious to the readers. Sure, some could view this book as too anecdotal to be used as a credible source of Africa’s situation. However, this is due to the nature of the system Burgis is writing about; after all, they are shadow states for a reason. Some readers will be saddened by this text, others angry, most curious to learn more, but above all, everyone will be intellectually stimulated and
Every year, more and more money is donated to Africa to promote democracy in order to get rid of the powerful coups in many countries through out the continent. While the coups are declining and democratic governments are being established, the economic growth and development of Africa is not anywhere it should be considering the abundant natural resources and coastline that the continent possesses. Even though countries, like the United States of America, donate millions of dollars they are a large reason why Africa is underdeveloped economically. The Trans-Atlantic Slave trade is the most devastating event in the history of the world. Nearly 14,000,000 men, women, and children were displaced, sold into slavery, and killed by the trade routes.(
There are two kinds of freedom, “freedom from and freedom to” (31) throughout Atwood’s The Handmaid’s Tale. Freedom from is a negative liberty that involves external restriction to a person’s actions. On the other hand there is freedom to, a positive liberty the one can act upon their own free will. The two different categories of freedom are discussed and debated through a feminist view point. We explore and try to understand the way in which the difference between “freedom from” and “freedom to” is applied to females in society. This novel gives us two contrasting ways of liberal thinking. You are free if no one is stopping you from doing whatever you might want to. The story appears, in this sense, to be free. On the other hand, one can
The massive increase in the Chinese trading relations was fueled by the United States in the year 1979 through the normal trade relations between the two countries. In addition, the Chinese non-concession to the World Trade Organization (WTO) in the year 2001 also facilitated its trading activities with different countries including the United States (Kaplan, 57). However, trading relations with the Chinese have been uneasy resulting from the massive trade imbalances in the recent past, which grows exponentially. The protectionist policies of the United States especially in Washington and Beijing have been putting pressure on the Chinese to revalue their currency as well as protecting it from counterfeits, which may be of adverse effects to the trading relations. This paper gives a comprehensive discussion on the foreign trade relations with china. It further gives an elaborate discussion on the impacts of foreign tr...
China’s foray in Africa is not just influencing governments’ economic and trade policies but indications show that this influence permeates in the social sphere as well.
The rise in China from a poor, stagnant country to a major economic power within a time span of twenty-eight years is often described by analysts as one of the greatest success stories in these present times. With China receiving an increase in the amount of trade business from many countries around the world, they may soon be a major competitor to surpass the U.S. China became the second largest economy, last year, overtaking Japan which had held that position since 1968 (Gallup). China could become the world’s largest economy in decades.
China's development is praised by the whole world. Its developments are not only in the economic aspect, but also in its foreign affairs. Compared to other developed countries, China is a relatively young country. It began constructing itself in 1949. After 30 years of growth, company ownership has experienced unprecedented changes.
China's Foreign Policy Since the initial warming of U.S.-China relations in the early 1970’s, policymakers have had difficulty balancing conflicting U.S. policy concerns in the People’s Republic of China. In the strange world of diplomacy between the two, nothing is predictable. From Nixon to Clinton, presidents have had to reconcile security and human rights concerns with the corporate desire for expanded economic relations between the two countries. Nixon established ties with Mao Zedong’s brutal regime in 1972. And today, Clinton’s administration is trying to influence China’s course from within a close economic and diplomatic relationship.
In the race to be the best, China is clearly outperforming the United States. China has strong economic fundamentals¬ such as “a high savings rate, huge labor pool, and powerful work ethic” (Rachman, Gideon. "Think Again: American Decline). Their economy has grown an astonishing 9-10% over the past thirty years; almost double of what it used to be decades ago. China is also the “world’s greatest manufacturer and its greatest market” (Rachman). The continuing growth of China's economy is a source of concern for not only the U.S. but surrounding nations as well. One could argue that the U.S. need not worry about China’s growth because of the spread of globalization and that western ideologies would influence China to turn to democracy. Yet China has still managed to “incorporate censorship and one party rule with continuing economic success” (Rachman) and remains a communist country. Hypothetically, even if China does resort to a democratic state, this does not gua...
China is one of the main viable candidates as this century’s new world power. Today, it maintains a strong economic stance within the international market, and is expanding at a rapid pace. The United States cannot maintain its position as hegemon for the rest of humanity; just as how ...
There is no doubt that European colonialism has left a grave impact on Africa. Many of Africa’s current and recent issues can trace their roots back to the poor decisions made during the European colonial era. Some good has resulted however, like modern medicine, education, and infrastructure. Africa’s history and culture have also been transformed. It will take many years for the scars left by colonization to fade, but some things may never truly disappear. The fate of the continent may be unclear, but its past provides us with information on why the present is the way it is.
Wei-Wei Zhang. (2004). The Implications of the Rise of China. Foresight, Vol. 6 Iss: 4, P. 223 – 226.