Private Chinese Investment in Africa : Myths and Realities

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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Bibliographic Details
Main Author: Shen, Xiaofang
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2013
Subjects:
ADVANCED COUNTRIES
AFFILIATED ORGANIZATIONS
AMOUNT OF CAPITAL
BANK LOANS
BUSINESS ASSOCIATIONS
BUSINESS ENVIRONMENT
BUSINESS LEADERS
BUSINESS PARTNERS
BUSINESS PERFORMANCE
BUSINESS PLANNING
BUSINESS SUSTAINABILITY
CAPITAL FLOW
CAPITAL FLOWS
CASH FLOW
CENTRAL BANKS
CITIES
COLLABORATION
COMMERCIAL LAWS
COMPARATOR COUNTRIES
CONFIDENTIALITY
CONSUMER GOODS
CREDIBILITY
CUSTOMS UNION
DATA SYSTEMS
DECISION MAKING
DEVELOPING COUNTRIES
DEVELOPMENT ECONOMICS
DEVELOPMENT STRATEGIES
DISCLOSURE
DOMESTIC ECONOMY
DOMESTIC INVESTORS
DOMESTIC MARKET
DOMESTIC MARKETS
DUE DILIGENCE
ECONOMIC COMPETITION
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC SECTORS
ELITES
EMERGING ECONOMIES
EMERGING MARKETS
EMPLOYMENT
EXCHANGE CONTROL
EXPORT MARKET
FINANCIAL CONSTRAINTS
FINANCIAL CRISES
FINANCIAL CRISIS
FINANCIAL SUPPORT
FOREIGN COMPANIES
FOREIGN DIRECT INVESTMENT
FOREIGN EXCHANGE
FOREIGN EXCHANGE TRANSACTION
FOREIGN FIRMS
FOREIGN INVESTORS
FOREIGN TRADE
FREE TRADE
GOVERNMENT INVESTMENT
GOVERNMENT OWNERSHIP
GOVERNMENT POLICIES
GOVERNMENT SUPPORT
GROUP OF INVESTORS
HOME COUNTRY
HOST COUNTRIES
HOST COUNTRY
HOST ECONOMIES
HOST GOVERNMENT
HOST GOVERNMENTS
INCOME
INCOME GROWTH
INFRASTRUCTURE PROJECTS
INTERNATIONAL BANK
INTERNATIONAL INVESTMENT
INTERNATIONAL MARKET
INTERNATIONAL STANDARDS
INTERNATIONAL TRADE
INVESTING
INVESTMENT CLIMATE
INVESTMENT CLIMATE ASSESSMENT
INVESTMENT DECISION
INVESTMENT DECISIONS
INVESTMENT ENVIRONMENT
INVESTMENT POLICY
INVESTMENT PROCEDURES
INVESTMENT PROJECTS
INVESTMENT PROMOTION
JOB CREATION
JOINT VENTURE
JOINT VENTURES
LABOR COSTS
LABOR FORCE
LABOR MANAGEMENT
LABOR MARKETS
LABOR PRODUCTIVITY
LABOR RELATIONS
LABOR SHORTAGES
LABOR STANDARDS
LACK OF TRANSPARENCY
LEARNING
LEGAL FRAMEWORK
LOCAL BUSINESS
LOCAL MARKET
LONG-TERM LOAN
MANUFACTURING INDUSTRIES
MARKET ACCESS
MARKET COMPETITION
MARKET DEMANDS
MEDIA
MINIMUM WAGE
MOTIVATION
NATURAL RESOURCE
NATURAL RESOURCES
NOMINAL WAGES
OIL PRICES
OUTPUT
OWNERSHIP STRUCTURE
POLITICAL LEVELS
POTENTIAL INVESTORS
PRIVATE INVESTMENT
PRIVATE INVESTOR
PRIVATE INVESTORS
PRIVATE SECTOR DEVELOPMENT
PROFITABILITY
PROGRAMS
PROPERTY RIGHTS
PUBLIC POLICY
REGULATORY REQUIREMENTS
RENTS
RETURNS
SAFETY
SAVINGS
SECURITY CONCERNS
SERVANTS
SHAREHOLDERS
SHAREHOLDING
STOCKS
SUPPLIERS
SWAP
TAX
TAX INCENTIVES
TAX REVENUES
TECHNICAL NEEDS
TECHNOLOGICAL GAPS
TECHNOLOGY TRANSFER
TERMS OF CAPITAL
THIRD WORLD
TRACK RECORDS
TRADE PROTECTION
TRADING
TRANSPARENT INVESTMENT
WAGES
WORKING CONDITIONS
WORLD INVESTMENT REPORT
WORLD MARKET
WORLD MARKET INTEGRATION
WORLD MARKETS
Online Access:http://documents.worldbank.org/curated/en/2013/01/17159618/private-chinese-investment-africa-myths-realities
http://hdl.handle.net/10986/12174
Description
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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