China in Africa: Financial implications
China now has a diplomatic presence in every country in Africa, as well as a financial one. While the Western world has fretted over apologies for colonialism, China has seized an advantage and is developing a substantial economic presence that offers numerous benefits – military, economic, trade, and political. This study examines the spread of Chinese economic influence in Africa and considers the forecast for their continue presence over the next decade. It evaluates how this will affect Western nations as well as those in Africa who have welcomed Chinese investment. Drawing primarily on secondary research, the dissertation nevertheless undertakes primary research in the form on one-on-one interviews with a prominent Chinese economist.
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