Chinese Presence In Africa Essay

4364 words - 18 pages

Introduction
Nowadays, we live in a world that is converging in a fast-paced as a result of globalization with its active forces—leading to the tremendous rise in global capitalist economy. The demand for energy continue to sky-rocket in this modern world whilst major players in the world today; such as the United States, countries in the European Union and Japan are at alert in the sense that, China, one of the world fastest growing economy has been considered as a new competitor in the competition of securing a long term energy supplies around the globe. As China’s economy is rapidly growing and in other to acquire the needed resources to support its rapid growth, the government have ...view middle of the document...

China-Africa Relation
Firstly, the Chinese government observed and adopted the means of visiting Africa constantly to strengthen their mutual relation with African nations. They send their political official to make significant use of “public diplomacy” coupled with a triennial forum known as “China-Africa Co-operation” (FOCAC) to lure African elites in maintaining a rigid relation with China base on the fact that both the government of the involved African states and Chinese government are all benefiting from the mutual relation build on investment. The year 2009 was the last forum of the China-Africa Co-operation and according to the Africa-Practice report, prepared for Jetro-London, it was stated that President Hu of China, visited a total of seventeen African States within ten months interval in 2007. Not only that, another high-powered political official of the Chinese government –namely, premier Wen Jiabao of the people’s republic of China including with other prominent officials of the Chinese government have all travelled to Africa contributing immensely in solidifying the mutual co-operation and trade relation with African countries. Their safari trip to the continent have had much of a success in the sense that it played an utmost role in deepening the engagement with African States, setting up a solidarity with African governments and looking forward to presenting itself as a worthy “interlocutor between developing countries and the developed West” (Africa-practice report, 2007, p.2). However, there were various discussions on the Chinese African summit in 2006 which acted as the actual platform where the Chinese government laid-out plan for next three succeeding years. In the summit, the Chinese government made various promises to African countries—firstly, they promised to set-up preferential loan package of three billon US dollars ($3 billion) plus another preferential buyer’s credit of two billion ($2 billion) for African nations. Princeton Lyman (N.D)
Nevertheless, among the pledge China made to African countries during the 2006 summit was to double its aid to the continent and the cancellation of all the debts that African countries owned which was due in 2005. Secondly, they also made a promise to set-up another amount of $5 billion specifically for “China-Africa Development Fund” which will enable them to make the provision for “start-up capital” to their industries operating in Africa. In addition, the final promise made by the economic powerhouse in the African Summit of 2006 was to train ten thousand professional, establish 10 centres with the purpose of providing agricultural excellence plus “five trade and economic zones on the continent”, Furthermore, since 2006 after China’s pledge to African countries; they have effectively engaged themselves with contract that at least is as large as they promised during the summit—keeping to its promise, China have committed itself with trade partnership worth billions of...

Other Essays Like Chinese Presence in Africa

MVNOs in Africa: MVNOs Gaining Momentum by Capitalizing on Niche Segments

568 words - 3 pages With more than 1,200 MVNOs operating worldwide, the presence of MVNOs has been limited in Africa, accounting for 1.4% of global MVNO subscribers. Kenya and South Africa are currently the most developed MVNO markets in terms of penetration, with 3.5% and 1.6% of mobile subscriptions being served by MVNOs at end-2015, respectively. The growing population of the region coupled with increasing mobile penetration and data usage, the introduction of

Current Status of Fastener Antidumping & Countervailing Investigation & Measures in 2015

1264 words - 6 pages , are not only able to fully satisfy their domestic industrial demand for fasteners, but are also very active in expanding their businesses to other markets around the world. Advanced countries in Europe and the U.S. are their main targets for marketing. The dumping of low-price fasteners on one hand helped manufacturers from these emerging countries fast gain their presence in advanced markets, but on the other hand it did

Small Gold Crushers Manufacturer South Africa

864 words - 4 pages Small mobile crushers for sale south africa-South Africa South Africa is rich in abundant mineral resource, mobile crushers for sale South Africa is welcomed. Mining equipment manufacturer ***** supplies various stationary Gold Mining Equipment For Sale in South Africa, Gold Request for Quotation CRUSHING EQUIPMENTS FOR SALE. Gold Ore Jaw Crusher. Shanghai Zenith Mining and Construction Machinery Co., Ltd. is a high technology Roller

Comparative Perspective on Organized Crime

1225 words - 5 pages since the 1980’s. It has also become more accessible to the organized crime world, opening up the door for major players, such as Russia and China, in the criminal aspect. With South Africa being an under developed country for so long, it remained isolated from criminal groups who would later utilize the country for criminal activities. In the 1970’s the Chinese started using South Africa harbors as a means of smuggling shark fins, believed

Discussion Paer #1 Sociology

933 words - 4 pages -February. This celebration is called “The Spring Festival- [it] marks the beginning of the Lunar New Year…During the 15 day celebration, the Chinese do something every day to welcome the New Year, such as each rice congee and mustard greens” ( Bradford 15). The Chinese culture is very interesting and in the similar way that I have traditions, they have many traditions. Now what if my identical twin grew up in South Africa? She would still be very

The Sextants Of Beijing

1077 words - 5 pages A book The Sextants of Beijing by Waley Cohen view China from a Western point of view. In this book Chinese emperors, Chinese governments, and Chinese people were engaged by the outside world, and wanted to study and learn foreign goods and ideas. However, at the same time they were feared that they might lose political and moral as well as their Chinese values and traditions. In each chapter, the author explained the overview of China's

International Marketing of South Africa

979 words - 4 pages other fast foods brand. * South Africa can be said to have a significant "eating out" culture. While there are some restaurants that specialize in traditional South African dishes or modern interpretations thereof, restaurants featuring other cuisines such as Moroccan , Chinese , West African , Congolese and Japanese can be found in all of the major cities and many of the larger towns. Threat of substitute products or services: 各種素食

Organisational Behaviour

953 words - 4 pages China by the 13th century, about 100 years before Europe. The Chinese used the magnetic compass as early as the 1st century; it appeared in European records only in 1190. In 1422, 70 years before Columbus’s three small ships crossed the Atlantic, the Chinese reached the east coast of Africa. They came in a great fleet of 65 ocean going ships filled with 27,000 soldiers and their horses, and a year’s supply of grain, meat, and wine. With their

Unit 1: the Contemporary Hospitality Industry

4230 words - 17 pages would analyze the issues faced in the travel and tourism sector in South Africa and there would be three learning objectives which would be accomplished through present paper and can be given as under: LO1 Understand current issues in travel and tourism sector LO3 Understand how the travel and tourism sector respond to change LO4 Understand the impacts of change on travel and tourism sector These three learning objectives would be attained

Chinese Myth

1348 words - 6 pages him dying of a sudden illness and then said “he was arrested and taken to a government office”, where he was questioned by an official (Gjertson 300). This shows the presence of the indigenous Chinese bureaucratic structure in the netherworld. Later, when Kung Ko is questioned his sins are killing two oxen, two ducks, and 6 hen eggs. This demonstrates the Buddhist belief that every living being is to be respected; because of samsara and the

Case Study Analysis

1086 words - 5 pages   houses   the   entire   range  of  Louis  Vuitton  collections,  from  high-­‐fashion  clothing  and  leather  goods,  to   jewelry,   watches,   cosmetics,   and   wines   and   spirits.   The   grand   opening   of   the   Shanghai  Maison  also  coincided  with  the  20th  anniversary  of  the  brand’s  presence   in

Related Papers

The Chinese & Hot Sauces Market Is Anticipated To Grow Up At A Cagr Of 24.8% Over The Forecast Period: Bonafide Research

522 words - 3 pages are used in corresponding Chinese dishes. Pepper sauce is the king of the all hot sauces; also refer to as synonym of hot sauce. The hot sauces market is gaining presence in the Indian Chinese & Hot sauces industry as the consumption of hot sauces variants through retail levels, supermarkets and hypermarkets is growing in India. Many types of spicy food, particularly Southern dishes, such as grits, jambalaya, and barbecue are made of using

A Call For Further Research: Afro Chinese Marriages In 20th Century Cuba

3823 words - 16 pages A Call for Further Research: Afro-Chinese Marriages in 20th Century Cuba Katie Wang UCLA Professor Wright-Dixon I. Introduction Coalitions through marriage is a long understood concept. Kingdom alliances through marriages are ones that first come to mind. Often fictional portrayals of real pressures for pressures to gain resources or military alliance for a capital or imperial need involve young princes and princesses who are forced

Berlin Conference Essay

1237 words - 5 pages Equatorial Africa and French West Africa. The main two French territories stretched from Gabon to Chad, to Niger, to Senegal, to Corte d’Ivoire. The French first started to establish a presence as a main European power in Africa with the AOF, or the Afrique Occidentale Francaise, in 1895. AOF was a union of French Sudan, French Guinea, Corte d’Ivoire, and Senegal; which is the oldest French settlement in Africa, controlled by France since

Frankestain Essay

301 words - 2 pages borders of the modern state at the crossroads of the Bantu, Nilo-Saharan and Afro-Asiatic ethno-linguistic areas of Africa, Kenya is a truly multi-ethnic state. European and Arab presence in Mombasa dates to the early modern period, but European exploitation of the interior began only in the 19th century. The British empire established the East Africa Protectorate in 1895, from 1920 known as the Kenya Colony.The independent Republic of Kenya was formed in 1964. It was ruled as de facto single-party state by the Kenya African National Union, an alliance led by Jomo Kenyatta during 1963 to 1978.