| Abstract: | A senior American specialist on China and noted geographer presents a study of that country's economic and political penetration into the African continent. The author identifies three key elements of China's objectives and plan, namely (1) support for Chinese policies in international affairs, particularly with regard to Taiwan, (2) search for oil and other mineral resources, and (3) creation of a new market for Chinese goods and services in tandem with additional jobs in China. The paper includes four case studies highlighting economic activities stimulated by Chinese loans and investments in the Republic of South Africa, Egypt, Sudan, and Angola. Considerable attention is devoted to oil imports, exports of cheap consumer goods, and construction and repair of infrastructure by Chinese technicians and laborers, as well as the competition between Chinese imports and host-country manufacturing and the PRC's diplomatic support of rogue African nations. Journal of Economic Literature, Classification Numbers: F020, F210, F350, F540. 11 figures, 1 table, 47 references. |
