Private Chinese Investment in Africa : Myths and Realities
Private Chinese outbound investment, not as well-known as government-led investment, offers special opportunities and challenges for Africa today. The significance of Chinese private-sector investment is already visible in the burgeoning manufactur...
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Language: | English en_US |
Published: |
World Bank, Washington, DC
2013
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Online Access: | http://documents.worldbank.org/curated/en/2013/01/17159618/private-chinese-investment-africa-myths-realities http://hdl.handle.net/10986/12174 |
Summary: | Private Chinese outbound investment, not
as well-known as government-led investment, offers special
opportunities and challenges for Africa today. The
significance of Chinese private-sector investment is already
visible in the burgeoning manufacturing sector in some parts
of Africa, and the trend will continue to grow in the near
future. The underlying force behind this trend is the
increased pressure of industrial restructuring in coastal
China, a force that drives some labor-intensive firms to
relocate to other parts of the developing world, including
Africa. African host country governments can respond to this
phenomenon with proactive development policies and
strategies to maximize private Chinese investment for the
benefit of their own economies. |
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