Chinese Politico-Economic Engagement in Africa: Strategy of Economic Diplomacy and Beyond
Journal Title: Global Economics Rview - Year 2018, Vol 3, Issue 0
Abstract
Since the late 1990s, while Chinas official announcement of its going out strategy and soon after, during early 2000s collaborations with World Trade Organization (WTO) to persuade economic engagements beyond Chinese geographical boundaries, expansion of its Foreign Direct Investments (FDI) vis-à-vis trade exploration with both African continents has increased proportionally. Particularly, Chinas current rigorous economic forecasting with plummeting stock markets, an overall rise in its overseas trade and industry engagements in African continent merits an assessment of the Chinas Model of economic exploration within ever-increasing international political economy and also entails that Chinas economic engagement possibly be more reliant on relations with such regions than discussed earliest. Moreover, differentiating the politico-economic engagements in play within Africa, Chinas going out strategy can be more precisely comprehended as kind of reliant and mutual cooperation approaches as region specific.
Authors and Affiliations
Assad Mehmood, Nazim Rahim, Aziz Ur Rehman
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