11. The Impact of China‐Africa Trade Relations: The Case of the Republic of Congo
- Author:
- Jean‐Christophe Boungou Bazika
- Publication Date:
- 07-2013
- Content Type:
- Policy Brief
- Institution:
- African Economic Research Consortium (AERC)
- Abstract:
- The relations between China and Congo are already old since they began in 1963. However since the beginning of the 2000s, the economic relations between the two countries are characterized by an unprecedented dynamism. Congo’s exports and imports with China recorded a leap of 179.38% and 309.21% respectively for the period 2001-2005. Such a trend pushed analysts to predict that the relations between Africa and China should have a significant impact and lead to upheavals in the structure of African economies. Two tendencies emerged in the literature: the first predicts that these relations would have a negative impact, in the sense that they would provoke a competition that African producers would not be able to bear. The second predicts that these relations would enable African countries to consolidate their growth, thanks to the diversification of trade and the installation of infrastructures which were lacking - such as roads, bridges, hydro-electric dams, drinking water purification plants, etc.
- Topic:
- Economics, International Political Economy, International Trade and Finance, Foreign Direct Investment, Global Political Economy, and Macroeconomics
- Political Geography:
- Africa, China, Asia, and Republic of Congo