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2022 | OriginalPaper | Buchkapitel

Chinese Foreign Direct Investment in Africa: Its Motivations, Determinants, and Impact on the African Economies

verfasst von : Kevin Honglin Zhang

Erschienen in: The Palgrave Handbook of Africa’s Economic Sectors

Verlag: Springer International Publishing

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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.

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Metadaten
Titel
Chinese Foreign Direct Investment in Africa: Its Motivations, Determinants, and Impact on the African Economies
verfasst von
Kevin Honglin Zhang
Copyright-Jahr
2022
DOI
https://doi.org/10.1007/978-3-030-75556-0_23