Social Responsibility of Chinese Investment in Africa

Social Responsibility of Chinese Investment in Africa
Author: Shuaihua Cheng
Publisher:
Total Pages: 3
Release: 2013
Genre:
ISBN:

The authors give an in-depth analysis of the trends and challenges of social responsibility of Chinese investors in Africa, and provide some thought-provoking suggestions for possible triangular cooperation among China, Europe and Africa in promoting more responsible investment in Africa.

The New Presence of China in Africa

The New Presence of China in Africa
Author: Meine Pieter van Dijk
Publisher: Amsterdam University Press
Total Pages: 225
Release: 2009
Genre: Business & Economics
ISBN: 908964136X

"This book describes China's growing range of activities in Africa, especially in the sub-Saharan region. The three most important instruments China has at its disposal in Africa are development aid, investments and trade policy. The Chinese government, which believes the Western development aid model has failed, is looking for new forms of aid and development in Africa. China's economic success can partly be ascribed to the huge availability of cheap labour, which is primarily employed in export-oriented industries. China is looking for the required raw materials in Africa, and for new marketplaces. Investments are being made on a large scale in Africa by Chinese state-controlled firms and private companies, particularly in the oil-producing countries (Angola, Nigeria and Sudan) and countries rich in minerals (Zambia). Third, the trade policy China is conducting is analysed in China and compared with that of Europe and the United States. In case studies the specific situation in several African countries is examined. In Zambia the mining industry, construction and agriculture are described. One case study of Sudan deals with the political presence of China in Sudan and the extent to which Chinese arms suppliers contributed to the current crisis in Darfur. The possibility of Chinese diplomacy offering a solution in that conflict is discussed. The conclusion considers whether social responsibility can be expected of the Chinese government and companies and if this is desirable, and to what extent the Chinese model in Africa can act as an example - or not - for the West"--Publisher's description.

Chinese Investment in Africa

Chinese Investment in Africa
Author: David N. Abdulai
Publisher: Taylor & Francis
Total Pages: 203
Release: 2016-11-03
Genre: Business & Economics
ISBN: 131716699X

China leads the world when it comes to investment and influence on the African continent. The extent of Chinese investment in Africa is well known and much has been written about China’s foray into Africa. However, most of the available material has approached this issue by looking at China as the ’New Colonialist’ – more interested in Africa’s vast natural resources than working in partnership for sustained development. Whilst China’s interest in Africa’s resources is evident, it is just half of the story. China’s foray into Africa goes beyond its appetite for natural resources and into the realm of geo-politics and international political economics. For example, China is all too aware of how it can cultivate Africa’s support on global issues at the United Nations and at other international fora. Breaking free from the binary arguments and analysis which characterize this topic, Professor Abdulai presents a refreshing perspective that China’s foray into Africa can produce win–win outcomes for China and Africa – if Africans really know what they want from China. Hitherto, each African country has tended to engage China with an individual bucket list; acting in isolation and not as part of a wider continent (indeed Africa and the African Union does not yet have a coordinated policy towards China). For Africa to be able to do that it needs to know where China is coming from, the factors that contributed to its awakening and success, and the benefits and possible pitfalls of this foray, in order to better position itself for a win–win engagement with China. This book will be a valuable read for policy makers, think-tanks and students of Africa-China studies programmes alike.

Socioecological responsibility and Chinese overseas investments

Socioecological responsibility and Chinese overseas investments
Author: Samuel Assembe-Mvondo
Publisher: CIFOR
Total Pages: 28
Release: 2015-02-18
Genre:
ISBN: 6021504755

Chinese investment in Africa has increased greatly in recent years. In Cameroon, the years following the last global financial crisis saw a boom in Chinese investments in the rubber industry, in particular in rubber estates belonging to two companies: Sud-Cameroun Hevea SA and GMG HEVECAM. These investments come from Sinochem, one of the largest Chinese state-owned multinationals, and involve the rehabilitation of existing rubber estates, as well as expansion into new areas. Since the initial investment from China, exports of rubber from Cameroon to China increased from almost none to nearly half of total rubber exports in 2011. We conducted research into the nature and extent of China’s investment in the Cameroonian rubber sector and assessed initial findings through the lens of socially responsible investments (SRI). Overall, the picture shows that the two investments are subject to a number of governance challenges, particularly in relation to land allocations.

China's Soft Power in Africa Or Real Corporate Accountability?

China's Soft Power in Africa Or Real Corporate Accountability?
Author: Virginia Harper Ho
Publisher:
Total Pages: 4
Release: 2017
Genre: China
ISBN: 9781601276810

Offcial policy support for corporate social responsibility (CSR) coincides with Chinese companies’ global expansion under the Going Out and Belt and Road Initiatives, which now include green development goals. At home, China’s state-led model of CSR emphasizes legal compliance and accountability for environmental and social impacts on local stakeholders. Central government policies for outbound Chinese investment follow this model and are driven by the state’s interest in improving the reputation and competitiveness of its multinationals. CSR practices are still maturing among Chinese firms. Because they are also voluntary, Chinese government actors cannot control how Chinese firms implement CSR at home or abroad. International support through capacity-building and monitoring can help Chinese companies and banks strengthen CSR practices, improving their transparency and accountability to local and global stakeholders. More research into the CSR efforts of Chinese companies in Africa is needed, in particular on the impact they have on peacebuilding.

Chinese Engagement in Africa

Chinese Engagement in Africa
Author: Larry Hanauer
Publisher: Rand Corporation
Total Pages: 171
Release: 2014-03-12
Genre: History
ISBN: 0833084127

Examines Chinese engagement with African nations, focusing on (1) Chinese and African objectives in the political and economic spheres and how they work to achieve them, (2) African perceptions of Chinese engagement, (3) how China has adjusted its policies to accommodate African views, and (4) whether the United States and China are competing for influence, access, and resources in Africa and how they might cooperate in the region.

China in Africa

China in Africa
Author: Arthur Waldron
Publisher:
Total Pages: 150
Release: 2008
Genre: Business & Economics
ISBN:

Beginning in earnest at the turn of the twenty-first century, China embarked on a robust multilevel engagement strategy with a number of African states on three simultaneous fronts--economic, political, and military. The push was predicated by Beijing's need to secure energy and natural resources to fuel its booming economy and bolster its position as the world's manufacturing hub. The depth of China's engagement cannot be understated, and its increasing stakes in the security dimension of Africa's myriad conflicts is affecting the geopolitical landscape of a continent that has been in the past an exclusive domain of the West. C hina in Africa examines the multifaceted effects of China's engagement with the continent, both its many risks and opportunities. It provides critical and relevant information for understanding the strategic drivers, trends, and the potential impact of China in Africa. The book covers Chinese soft and hard power, energy and arms relations, and China's relations with individual African countries: Angola, Djibouti, Egypt, Eritrea, Ethiopia, Nigeria, Somalia, Sudan, Zambia, and Zimbabwe. Ultimately, this volume serves to assist in improving U.S. policymakers' understanding of China's role in Africa and ensure that appropriate measures are taken to secure American interests in the region. Contributors include Mauro De Lorenzo (American Enterprise Institute), Drew Thompson (Nixon Center), Wenran Jiang (University of Alberta), Paul Hare (U.S.-Angola Chamber of Commerce), Susan M. Puska (Defense Group, Inc.), Ian Taylor (University of St. Andrews), Chris Zambelis (Helios Global, Inc.), David Shinn (GeorgeWashington University), Joshua Eisenman (American Foreign Policy Council), Yitzhak Shichor (University of Haifa), Greg Mills and Christopher Thompson (Brenthurst Foundation), Andrew McGregor (Aberfoyle International), and John C. K. Daly (United Press International).

The Next Factory of the World

The Next Factory of the World
Author: Irene Yuan Sun
Publisher: Harvard Business Press
Total Pages: 224
Release: 2017-10-17
Genre: Business & Economics
ISBN: 1633692825

A Best Business Book of 2017 -- The Financial Times China is now the biggest foreign player in Africa. It's Africa's largest trade partner, the largest infrastructure financier, and the fastest-growing source of foreign direct investment. Chinese entrepreneurs are flooding into the continent, investing in long-term assets such as factories and heavy equipment. Considering Africa's difficult history of colonialism, one might suspect that China's activity there is another instance of a foreign power exploiting resources. But as author Irene Yuan Sun vividly shows in this remarkable book, it is really a story about resilient Chinese entrepreneurs building in Africa what they so recently learned to build in China--a global manufacturing powerhouse. The fact that China sees Africa not for its poverty but for its potential wealth is a striking departure from the attitude of the West, particularly that of the United States. Despite fifty years of Western aid programs, Africa still has more people living in extreme poverty than any other region in the world. Those who are serious about raising living standards across the continent know that another strategy is needed. Chinese investment gives rise to a tantalizing possibility: that Africa can industrialize in the coming generation. With a manufacturing-led transformation, Africa would be following in the footsteps of the United States in the nineteenth century, Japan in the early twentieth, and the Asian Tigers in the late twentieth. Many may consider this an old-fashioned way to develop, but as Sun argues, it's the only one that's proven to raise living standards across entire societies in a lasting way. And with every new Chinese factory boss setting up machinery and hiring African workers--and managers--that possibility becomes more real for Africa. With fascinating and moving human stories along with incisive business and economic analysis, The Next Factory of the World will make you rethink both China's role in the world and Africa's future in the globalized economy.

China in Africa

China in Africa
Author: Sabella O. Abidde
Publisher: Rowman & Littlefield
Total Pages: 397
Release: 2021-02-03
Genre: Political Science
ISBN: 1793612331

This book examines Sino-African relations and their impact on Africa. It argues that Africa’s relationship with China has had a profound impact on key sectors in Africa—economic and political development, the media, infrastructural development, foreign direct investments, loans, debt peonage, and international relations. The authors also analyze the imperialist and neo-colonialist implications of this relationship and discuss the degree to which the relationship is beneficial to Africa.