II.D. Foreign Direct Investment: TRADE AND CAPITAL FLOWS BETWEEN CHINA AND AFRICA
II.D. Foreign Direct Investment: TRADE AND CAPITAL FLOWS BETWEEN CHINA AND AFRICA
amounted to US$392 million in 2005, up from US$317 million in 2004. Data from other
sources show significantly higher figures: in 2004, Chinese FDI was estimated to be more
than US$900 million; total FDI in Africa was US$15 billion (Table 2). China’s Ministry of
Commerce puts China’s direct investment to Africa for 2000–06 at US$6.6 billion. Among
the 800 Chinese enterprises investing in Africa, only about 100 are state-owned. The rest are
private businesses with interests ranging from trade, manufacturing and processing, services,
and communications to agriculture and natural resource development. 17
Chinese official statistics may not fully capture the true magnitude of direct investment by
Chinese entities in African countries. The dividing line between trade and project financing
by China’s financial institutions and direct investment by Chinese enterprises is often
unclear. Data on “overseas investment” as recorded by China’s National Bureau of Statistics
may not be comprehensive.18 In addition, China’s private enterprises also rely heavily on
retained earnings and informal
arrangements rather than capital markets
and bank borrowing to finance
investments. For these and other reasons
the FDI of China’s private enterprises
may be under-recorded.
FDI between Africa and China flows both
ways (Figure 6). Chinese statistics show
that a large share of African FDI in China
is from Mauritius. The flows recorded
may include investments originating
outside Africa (Broadman, 2007, pp.100).
Worth noting is that South African firms
have been expanding actively into the
Chinese market, using their management
and technological strength (e.g., in
mining, paper, and consumer goods) and
their experience of operating in
developing countries.
IMF Working Paper
African Department
What Drives China’s Growing Role in Africa?
Prepared by Jian-Ye Wang
October 2007
IID Foreign Direct Investment TRADE AND CAPITAL FLOWS BETWEEN CHINA AND AFRICA - To learn more about this author, visit International Monetary Fund's Website.
Like this article? Share it with your friends
China’s direct investment in Africa, as reported by the National Bureau of Statistics of China,
amounted to US$392 million in 2005, up from US$317 million in 2004. Data from other
sources show significantly higher figures: in 2004, Chinese FDI was estimated to be more
than US$900 million; total FDI in Africa was US$15 billion (Table 2). China’s Ministry of
Commerce puts China’s direct investment to Africa for 2000–06 at US$6.6 billion. Among
the 800 Chinese enterprises investing in Africa, only about 100 are state-owned. The rest are
private businesses with interests ranging from trade, manufacturing and processing, services,
and communications to agriculture and natural resource development. 17
Chinese official statistics may not fully capture the true magnitude of direct investment by
Chinese entities in African countries. The dividing line between trade and project financing
by China’s financial institutions and direct investment by Chinese enterprises is often
unclear. Data on “overseas investment” as recorded by China’s National Bureau of Statistics
may not be comprehensive.18 In addition, China’s private enterprises also rely heavily on
retained earnings and informal
arrangements rather than capital markets
and bank borrowing to finance
investments. For these and other reasons
the FDI of China’s private enterprises
may be under-recorded.
FDI between Africa and China flows both
ways (Figure 6). Chinese statistics show
that a large share of African FDI in China
is from Mauritius. The flows recorded
may include investments originating
outside Africa (Broadman, 2007, pp.100).
Worth noting is that South African firms
have been expanding actively into the
Chinese market, using their management
and technological strength (e.g., in
mining, paper, and consumer goods) and
their experience of operating in
developing countries.
IMF Working Paper
African Department
What Drives China’s Growing Role in Africa?
Prepared by Jian-Ye Wang
October 2007
IID Foreign Direct Investment TRADE AND CAPITAL FLOWS BETWEEN CHINA AND AFRICA - To learn more about this author, visit International Monetary Fund's Website.
Like this article? Share it with your friends
 | |
 |
No article feedback found. |
| |
Leave Your Feedback |
 | |
| |||
Stephanie RobeyStephanie Robey is President and CoFounder of Pivot Positive, LLC - an Internet marketing business focused on helping people start work at home ventures. Previously, she was employed at The Search Agency with over 20 years experience in graphic design and 10 years experience in online marketing. She was responsible for launching the Conversion Path Optimization (CPO) unit where she and her team have conducted hundreds of optimization tests for online companies across multiple verticals. She is a successful entrepreneur having started and sold 2 companies and remains on the board of directors of the third, PhotoSpin.com Stephanie began her career in the direct marketing realm creating and producing direct mail for many of the major cable television companies and directly attributes her understanding of Internet marketing to those early offline experiences. Stephanie is a graduate of San Diego State University with a BFA in Graphic Arts and also holds an Executive MBA from the Graziadio School of Business and Management at Pepperdine University. Read Steph's Blog Meet Steph and Dave Sign up for our Free 7-Day BootCamp: Self Employed & Rich - Visit Stephanie Robey's Website |
|||
Leanne Hoagland-SmithAre your sales where you want them to be? Will you be one of the few who achieves sales or business success or one of the many who have failed to change? Are you tired of being told you are like everyone else? Then you may find my first book on sales of interest. Be the Red Jacket in the Sea of Gray Suits, The Keys to Unlocking Sales available at Amazon or at http://www.processspecialist.com/red-jacket.htm. This book is a reflection of my no-nonsense approach to improving sales to overall business results. If you are truly committed to making sustainable changes, then I can help you secure a positive return on your investment because I focus on executable solutions not telling you the problems you already know you have. From training to corporate (group) coaching to executive one on one coaching, my approach is to assess, create awareness, build a goal driven action plan and then execute. The bottom line question is "Not do you or your employees know it, but do you or they want to do it?" Please call for a free strategy session at 219.759.5601. - Visit Leanne Hoagland-Smith's Website |
|||
Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
|||
Kim CastleWith nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website |
|||
|
To learn more about the Evan Elite Author Program please contact us. | |||
 | |
|  |
Subscribe to International's articles
 | |
|
|  |
 | |
|
| |
 | |||||||
|
 | ||
 |
||
 |
||
 |
||
|
| ||
 |
| Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details. |
|
|
 |
| Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media |
|
|
 |
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"
Click Here To Learn More |
|
|
|
|
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
|
|
|
 Workplace Culture Boomers & Zoomers Content Challenged Biography Setting Priorities Worksheet |
|
 | ||
 |
The Top 10 ProBlogger Posts
Best Posts for Bloggers | |
 |
Email The Reporters
Press Release Builder | |
| ||
 | ||||
| ||||
|
| ||||
| ||||
|
|
|
|
|
||||||||||||
|
Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
|
|
|
