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The Lure of Chinese Money in Africa

This book provides insight to China’s foreign policy in Africa through the Belt and Roads Initiative. China’s move towards economic expansion has left skeptics questioning her ambition for global economic dominance; to dislodge U.S. global influence: economic, military, and political. African leaders meanwhile find the lack of imposition of conditions on Chinese debt to be […]

ISBN: 978-1-63902-887-0

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ISBN

978-1-63902-887-0

Author

J. NDUMBE ANYU, MOHAMED A. EL-KHAWAS, WILLIAM G. DZEKASHU

Publisher

Publication year

Language

Number of pages

108

Description

This book provides insight to China’s foreign policy in Africa through the Belt and Roads Initiative. China’s move towards economic expansion has left skeptics questioning her ambition for global economic dominance; to dislodge U.S. global influence: economic, military, and political. African leaders meanwhile find the lack of imposition of conditions on Chinese debt to be attractive, thus view China as a viable alternative business partner over the West. This book focuses on the Belt and Road Initiative (BRI) investment projects in Africa and how these projects will promote or hamper efforts to bring sustainable development and to bring about national unity.
The book is unique because it fills a vacuum in the literature by focusing on important current problems that have contributed to the current African situation. It provides up-to-date analysis of Chinese BRI projects, mineral exploration, democracy, and consumerism as well as their implications for Africa’s economic and political development.