Relationship Between China and Africa

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Breaking the rumor—
Facts and evidence of China’s aid to Africa and the outlook of Sino-African development

Xinyue Mai
Class: MGT 402
Professor: Paul Wilhelm
December
11, 2011

Abstract
In recent years, with the rapid development of African economies, the ‘new colonialism’ tag on China’s aid to Africa has been frequently reported in media and evoked continuous debates among scholars and critics on this issue. The accusation pointed to China’s substantial aid and investments into Africa is actually for extracting natural resources to enrich China itself in purpose and warned the danger of economic empire China is building in Africa. The critics see China’s aid only as a tool for intentionally further reaping the benefits of Africa. This article examines a number of facts about China’s moves in Africa and how it actually helps the development of Africa over the years by direct aid, credit lines and reasonable contracts. Under the help from China, Africa has made immense progress in the area of politics, trade and economy, public health, culture, technology and education. Contrary to some of the media opinion, China shows no sign of serving its own national interest and instead, it makes no efforts on helping create a win-win cooperation tie on Sino-African relationship. Problems emerging from the mutual cooperation and recommendations will also be listed at the end of the paper.

TABLE OF CONTENTS

1 Friendly Cooperative Relation over the 50 Years…………………………… 1.1 The history of cooperation……………………………………………………… 1.2 The wide-range cooperation……………………………………………………. 1.3 Fruitful achievements …………………………………………………………..

2 Overthrowing ‘colonialism’—the Facts and Evidence………………………

2.1 The policy on Africa and the aim of Chinese aid………………………………. 2.2 What China actually did to help Africa? ..............................................................

3 Existing Problems and Recommendations…………………………………… 4 Conclusion……………………………………………………………………

1. Friendly Cooperative Relation over the 50 Years
1.1 The history of cooperation
China and Africa have a long history of trade relations which could date back the days of Ming Dynasty (1368-1644) the Chinese admiral Zheng He and his fleet visited the east coast of Africa three times. Since 1949, the importance of establishing and developing friendly relations with African countries was emphasized in the Chinese foreign policy. Sharing similar historical experience and facing similar tasks and problems, China and Africa have all along sympathized and supported with each other in the struggle for national liberation and formed a solid foundation in mutual cooperative relations. In 1956, establishment of the diplomatic relations among the bilateral trade agreement with Algeria, Egypt, Guinea, Morocco and Suda, marked the forming of the formal ties China has created with African countries and the beginning of China’s aid to Africa.

1.2 The wide-range cooperation
In the economic field, China is now actively engaging with 54 African countries on trading, investment, lending money and providing aid, covering the area of transportation, infrastructure, agriculture, education, health and technical guidance, of which 800 projects have already been completed by 2000. Billions of dollars from China have been poured in aid and loans for upgrading roads, ports, railways, telephone lines, power stations and other key infrastructure across Africa, which has greatly boosted local economies and infrastructure, created jobs and improved local people's living conditions. Founded in 2007 and as an equity fund dedicated to supporting Chinese investors in Africa --the China-Africa Development Fund (CAD Fund) has granted six investment projects in Africa involving more than $90 million since 2008. At the same time, Chinese government encourages Chinese enterprises to establish business and enlarge investment in Africa and this win-win cooperation mode...
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