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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Main Author: Shen, Xiaofang
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2013
Subjects:
TAX
Online Access:http://documents.worldbank.org/curated/en/2013/01/17159618/private-chinese-investment-africa-myths-realities
http://hdl.handle.net/10986/12174
id okr-10986-12174
recordtype oai_dc
spelling okr-10986-121742021-04-23T14:03:06Z Private Chinese Investment in Africa : Myths and Realities Shen, Xiaofang 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 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. 2013-01-28T19:46:40Z 2013-01-28T19:46:40Z 2013-01 http://documents.worldbank.org/curated/en/2013/01/17159618/private-chinese-investment-africa-myths-realities http://hdl.handle.net/10986/12174 English en_US Policy Research Working Paper; No. 6311 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Africa East Asia and Pacific
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic 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
spellingShingle 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
Shen, Xiaofang
Private Chinese Investment in Africa : Myths and Realities
geographic_facet Africa
East Asia and Pacific
relation Policy Research Working Paper; No. 6311
description 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.
format Publications & Research :: Policy Research Working Paper
author Shen, Xiaofang
author_facet Shen, Xiaofang
author_sort Shen, Xiaofang
title Private Chinese Investment in Africa : Myths and Realities
title_short Private Chinese Investment in Africa : Myths and Realities
title_full Private Chinese Investment in Africa : Myths and Realities
title_fullStr Private Chinese Investment in Africa : Myths and Realities
title_full_unstemmed Private Chinese Investment in Africa : Myths and Realities
title_sort private chinese investment in africa : myths and realities
publisher World Bank, Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2013/01/17159618/private-chinese-investment-africa-myths-realities
http://hdl.handle.net/10986/12174
_version_ 1764422150105595904