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
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.
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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
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John PowerJohn 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 |
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