1. Chinese Investment and Its Implications for Nigeria’s Economic Security
- Author:
- Shiitu Adewole Raji and Adenike Ogunrinu
- Publication Date:
- 12-2018
- Content Type:
- Journal Article
- Journal:
- Brazilian Journal of African Studies
- Institution:
- Brazilian Journal of African Studies
- Abstract:
- The international system consists of different nations which pursue their national interests within the global arena having put into consideration the benefits they stand to gain from such relationships (Ampiah and Sanusha 2015, 8). The explosive growth of China’s economic interests in Africa, which is part of the sustained global interactions discussed above, is an important trend in the continent’s foreign relations arena. China’s rapidly expanding ties with Africa has superseded the United States’ since 2010 as Africa’s top trading partner because of its massive investments in the continent , which is largely aided by China Investible Export loan assistance of $150 billion to its multinational corporations (Brautigam 2009, 22). Between 2001 and 2011, Chinese exports to Africa were raised from $4.4 billion to $56.3 billion. Though China is still regarded as a third world country, the country is the second biggest economy in the world. [..] Although there is a vast body of literature on the bilateral relations between Nigeria and China, little is known about the implications of China’s increasing FDI for the economic security of Nigeria, a gap this paper intends to fill. The study is anchored on descriptive research methodology, consisting of qualitative data, which relied primarily on the existing literature.
- Topic:
- Bilateral Relations, Investment, Trade, and Economic Security
- Political Geography:
- Africa, China, and Nigeria