Feedback Form
Home Features Mastermind Forums About Advertise Blog Network Contact Be An Author

II.E. Contract Labor and Other Services: TRADE AND CAPITAL FLOWS BETWEEN CHINA AND AFRICA

II.E. Contract Labor and Other Services: TRADE AND CAPITAL FLOWS BETWEEN CHINA AND AFRICA

Africa is an important market for Chinese enterprises that contract for construction and
engineering projects (roads, bridges, schools, shopping centers, housing and office buildings,
water conservancy, and power plants). Since 2000 Chinese enterprises have been contracted
to build more than 6,000 kilometers of roads,
3,000 km railways, and 8 large- and mediumsized
power plants in Africa. Official
Chinese statistics show that the sum of
“contracted projects,” “labor cooperation,”
and “design consultation” in Africa increased
from US$4 billion in 2004 to US$6.3 billion
in 2005. In 2006 the turnover on contract
labor service went up to US$9.5 billion,
representing 31 percent of China’s offshore
contracted projects and exceeding the total in
1998–2002 (PBC and CBD, 2007; Yang,
2004).
Within trade in services, two-way traffic is
growing particularly fast in tourism. By
September 2006, 17 Africa countries had
become destinations for Chinese citizens and
tourist groups. Namibia, Botswana,
Madagascar, Lesotho, and Ghana had been
added to the list of tourist destinations by the
Chinese government only in the two
preceding years. The number of African
tourists to China has been accelerating
(Figure 7).

IMF Working Paper
African Department
What Drives China’s Growing Role in Africa?
Prepared by Jian-Ye Wang
October 2007





IIE Contract Labor and Other Services 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

Article Feedback
 Article Feedback No article feedback found.
  Leave Your Feedback
article feedback

Article Feedback
John Power
John Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website


To learn more about the Evan Elite Author Program please contact us.

About The Author


International Monetary Fund
(Visit International's Website) The IMF is an international organization of 185 member countries. It was established to promote international monetary cooperation, exchange stability, and orderly exchange arrangements; to foster economic growth and high levels of employment; and to provide temporary financial assistance to countries to help ease balance of payments adjustment. Since the IMF was established its purposes have remained unchanged but its operations—which involve surveillance, financial assistance, and technical assistance—have developed to meet the changing needs of its member countries in an evolving world economy.

International Monetary Fund is a Platinum author on EvanCarmichael.com
About The Author

View Author Blog
View Author Blog

View Author Video
View Author Video

Free Downloads


International Monetary Fund's

Complete
List Of
African-Accounts
Articles

Name
Email
If you enjoyed this article, get International Monetary Fund's Complete List of African-Accounts Articles For FREE!

More International Monetary Fund
Conclusions Promoting Growth in SubSaharan Africa Learning What Works
V C Chinas Approach to Financing AID VS COMMERCE FACTORS INFLUENCING THE GROWING TIES
IV A Private Traders THE ROLE OF THE PRIVATE SECTOR
Determinants of Growth in SubSaharan Africa
Introduction Stock Market Development in SubSaharan Africa
Adjustment and Recovery During 199597
20 Deposit Collection and Credit Extension Microfinance in Africa Experience and Lessons from Selected African Countries
41 Objectives and Coverage of the Regulatory Framework Microfinance in Africa Experience and Lessons from Selected African Countries
V D The Future of ChinaAfrica Economic Relations FACTORS INFLUENCING THE GROWING TIES
References Fiscal Dimensions of Sustainable Development
Free Downloads


 
 
 


Evan Elite Authors
David Barr  
John Power  
David Acheson  
Evan Elite Authors

Become An Author
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.
Become An Author

Evan's Latest Video
Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media
Evan's Latest Video

Business Opportunities
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"

How to Start An Online Business

Click Here To Learn More
Business Opportunities



Evan's Newsletter
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
Name:
Email:
Evan`s Newsletter

Free Downloads
Leadership Audit For Business Icon Leadership Audit For Business
Great Sales Fallacies Icon Great Sales Fallacies
SEO Made Easy Icon SEO Made Easy
Dismiss a Franchise Icon Dismiss a Franchise
Powerful Living Icon Powerful Living
Free Downloads - Complete List

Entrepreneur Tools and Guides
Top 50 Marketing Blogs To Watch In 2008
Top 50 Marketing Blogs
Top Blogs To Watch In 2008
 
Top 50 SEO Posts of the Year
Top 50 SEO Posts - 2008
Top SEO Posts of the Year
 
Entrepreneur Tools and Guides

SEO For Africa
SEO For Africa
Animéyo Assoti Agoe, Togo,
SEO For Africa

If I Were A Startup...
Lee Segal, >1,800% Growth in 5 Years
Lee Segal
>1,800% Growth in 5 Years
Lisa Shepherd, $335k to $1.1 Mil in 2 years
Lisa Shepherd
$335k to $1.1 Mil in 2 years
If I Were A Startup... - Complete List

Famous Entrepreneurs
Fred Smith, Fedex
Chris Gardner, Gardner Rich
Chris Gardner
Gardner Rich
Famous Entrepreneurs - Complete List

Entrepreneur Advice
Jack Canfield, Chicken Soup
Jack Canfield
Chicken Soup
Guy Kawasaki, The Art of the Start
Guy Kawasaki
The Art of the Start
Entrepreneur Advice - Complete List

Popular Articles
(Premium Authors)

     Small Business Loans Key Issues
By Gopinathan Thachappilly
     FINANCIAL STATEMENTS FOR SMALL BUSINESS LOANS
By Gopinathan Thachappilly
     Computing Working Capital in Project Cost Statement
By Gopinathan Thachappilly

Have A Suggestion?
Toronto Salsa Classes / Toronto Salsa Lessons 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!
Have A Suggestion?

More Evan Carmichael
More Information