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The nature and magnitude of the growth in China-Africa economic relations in recent years is unprecedented and extraordinary. According to recent estimates, the value of China’s trade with African nations grew from a mere USD 10 million in the 1980s to USD 55 billion in 2006, and to more than USD 100 billion by the end of 2009, at which time nearly 1,600 Chinese companies were doing business in Africa with a direct stock investment of about USD 7.8 billion. The accelerating impetus of China-Africa trade has overtaken some crucially important features of an effective trade regime, most notably a fully trustworthy dispute resolution system. It is the current and potential future efficacy of such a system that is taken up in this book with great understanding and skill. The author evaluates existing mechanisms of dispute resolution in all aspects of China-Africa economic relations in light of the parties’ economic and cultural profiles and their evolving legal traditions, and goes on to propose a comprehensive institutional model of dispute resolution that takes full account of the economic needs and legal cultures of both China and the various African countries. Among the topics and issues that arise in the course of the book are the following: suitability of the WTO’s dispute resolution mechanism for China-Africa trade relations; domestic, bilateral, regional, and multilateral law sources affecting China-Africa commerce; the role of intra-Africa bilateral investment treaties; competing interests that underpin international investment law; relevant legal, economic, and political challenges and cultural barriers; permissible scope of regional trade regimes; national treatment versus duty to compensate; and harmonization initiatives—model laws, incoterms, restatements. The author includes in-depth analysis of how China-Africa economic relations fare in the varieties of dispute resolution methods available at the major arbitral European and American institutions—ICSID, AAA, ICC, LCIA, PCA—as well as under the rules of the China International Economic and Trade Arbitration Commission (CIETAC) and the important arbitral fora in Cairo, Kuala Lumpur, and Lagos. Endorsing institutional arbitration as the most appropriate form of resolving trade, investment, and commercial disputes arising between China and African countries, this ground-breaking analysis outlines the obstacles and shortcomings of the available means of dispute settlement, both in international and domestic contexts, and offers deeply informed recommendations for improvement of the existing system. Although the book will be welcomed by interested scholars and practitioners for its detailed discussion of how China-Africa trade relations are situated within the global trade regime, its most enduring value lies in its thorough evaluation of the available options and its proposals for structuring a legal framework within which future disputes will be effectively resolved.
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Developing countries have for decades been trying to catch up with the industrialized high-income countries, but only a few have succeeded. Historically, structural transformation has been a powerful engine of growth and job creation. Traditional development aid is inadequate to address the bottlenecks for structural transformation, and is hence ineffective. In this book, Justin Yifu Lin and Yan Wang use the theoretical foundations of New Structural Economics to examine South-South development aid and cooperation from the angle of structural transformation. By studying the successful economic transformation of countries such as China and South Korea through 'multiple win' solutions based on comparative advantages and economy of scale, and by presenting new ideas and different perspectives from emerging market economies such as Brazil, India and other BRICS countries, they bring a new narrative to broaden the ongoing discussions of post-2015 development aid and cooperation as well as the definitions of aid and cooperation.
The core argument of this book is that China poses both challenges and creates opportunities for Africa, and that the transformative potentials of China-Africa engagements can be compared to Africa’s experiences with European colonialism. However, it would be patently misleading to claim any equivalence between African experiences of European colonialism with Africa’s engagements with China. Although, China does not replicate the exact colonial model, its actions have all elements of dependent relations, thus underpinning neo-colonialism with Chinese characteristics. Analysing China’s growing economic relations with Africa, this book posits that, Africa’s underdevelopment situation with China does not indicate a significant point of departure from the colonial model of development because China’s actions in Africa, although not exactly colonial, have all possibilities of Neocolonialist model with Chinese characteristics. As such the author argues that China’s increasing trade, FDI inflow and influence on the economic growth and development in Africa will result in a long-term negative impact in development outcomes and capacity building, governance practice, democratic transition and human rights for future self-reliance and sustainable development.
The People's Republic of China once limited its involvement in African affairs to building an occasional railroad or port, supporting African liberation movements, and loudly proclaiming socialist solidarity with the downtrodden of the continent. Now Chinese diplomats and Chinese companies, both state-owned and private, along with an influx of Chinese workers, have spread throughout Africa. This shift is one of the most important geopolitical phenomena of our time. China and Africa: A Century of Engagement presents a comprehensive view of the relationship between this powerful Asian nation and the countries of Africa. This book, the first of its kind to be published since the 1970s, examines all facets of China's relationship with each of the fifty-four African nations. It reviews the history of China's relations with the continent, looking back past the establishment of the People's Republic of China in 1949. It looks at a broad range of areas that define this relationship—politics, trade, investment, foreign aid, military, security, and culture—providing a significant historical backdrop for each. David H. Shinn and Joshua Eisenman's study combines careful observation, meticulous data analysis, and detailed understanding gained through diplomatic experience and extensive travel in China and Africa. China and Africa demonstrates that while China's connection to Africa is different from that of Western nations, it is no less complex. Africans and Chinese are still developing their perceptions of each other, and these changing views have both positive and negative dimensions.
Across economic, political, and security domains, the growth of China’s presence in Africa has been swift and staggering, which has fed both simplistic caricatures of China’s role on the continent and fears of renewed geopolitical competition. A closer look reveals a more balanced picture. This report examines how China’s growing engagement affects the United States’ role in Africa and offers policy recommendations for U.S. military leaders.
This volume considers China-Africa relations in the context of a global division of labour and power, and through the history and experiences of both China and Africa. It examines the core ideas of structural transformation, productive investment and industrialization, international trade, infrastructure development, and financing.
With the pace of trade and investment picking up, coupled with closer international cooperation with Beijing through the G20, FOCAC and BRICS grouping, South Africa-China ties are assuming a significant position in continental and even global affairs. At the same time, it is a relationship of paradoxes, breaking with many of the assumptions that underpin contemporary analyses of ‘China-Africa’ ties. This edited volume examines the South Africa-China relationship through a survey of its diplomatic partnership, economic ties, and broader community relations. These important aspects that are often conflated as a single relationship, yet what is important to explore are how these components reflect different China-South Africa relationship(s), and how they intersect.
China is among a number of large developing country or new powers on the ascendance in the international system, all of which are deepening their economic relations with Africa However, China is the largest and most powerful of this group. it has sought closer economic relationships with other developing country regions and continents such as Latin America and Central Asia, but it is with Africa – the continent that hosts more developing countries than any other – that China has fostered the closest links. This book provides an overview of how the China – Africa relationship has evolved over the last few decades and examines whether it presents a new paradigm of ‘development relations’ in the international system. The contributors investigate what is particularly special about the emerging development partnership between Africa and China, and how it may evolve in the future. The contributors focus on various development capacity issues – infrastructural, industrial, technocratic, institutional, human capital, sustainable economic practices – and consider various debates on ‘development’ and development ideologies, including whether China’s practices in Africa pose a challenge to Western conventions on development assistance. China-Africa Development Relations will be of interest to those students and scholars of African studies, Chinese studies, international development and development studies.
This collection juxtaposes a variety of approaches about China and Africa, and their interrelations seeking to go beyond early, simplistic formulations. Perspectives informed by Polanyi advance nuanced analysis of varieties of capitalisms and double-movements. It seeks to put contemporary China-Africa relations in critical, comparative context and in doing so, it will go beyond descriptions of inter-regional trade and investment, large- and small-scale sectors, to ask whether structural change is underway. Already it is apparent that the growing presence of China in Africa presents the latter with some novel options but whether these will generate a new embeddedness remains problematic. Highlighting the ’varieties of capitalisms’ in the new century, given the undeniable difficulties of extreme neo-liberalism in the US and UK by contrast, to the apparent ebullience of the emerging economies in the global South, this book examines such implications for international relations, international political economy, development studies and policies.