Africa's Rising Commodity Export Dependency on China

23 Pages Posted: 29 Sep 2016

See all articles by Alicia García-Herrero

Alicia García-Herrero

Bruegel; Hong Kong University of Science & Technology (HKUST) - HKUST Institute for Emerging Market Studies (IEMS); Natixis

Carlos Casanova

BBVA Hong Kong Branch

Date Written: September 23, 2016

Abstract

China has gone from being a supporter of fringe Maoist regimes in the 1960s to providing more financial assistance to the region than the World Bank (Cheng, 2015). But the idea that China would be crucial to African development is neither new nor accidental. In fact, Chinese policymakers have been aware of this notion for quite some time. China’s Ya-Fei-La Strategy, literally meaning “Asia-Africa-Latin America”, was conceived during the Maoist era in the 1960s (Myers, 2012) in an attempt to promote the advancement of developing country goals in a new world order. Since then, China has played an active role in promoting South-South cooperation, being Africa-China cooperation an important part of that equation.

Keywords: export, China

Suggested Citation

Garcia-Herrero, Alicia and Casanova, Carlos, Africa's Rising Commodity Export Dependency on China (September 23, 2016). Available at SSRN: https://ssrn.com/abstract=2842566 or http://dx.doi.org/10.2139/ssrn.2842566

Alicia Garcia-Herrero (Contact Author)

Bruegel ( email )

Rue de la Charité 33
B-1210 Brussels Belgium, 1210
Belgium

Hong Kong University of Science & Technology (HKUST) - HKUST Institute for Emerging Market Studies (IEMS) ( email )

IAS 2019, Lo Ka Chung Building,
Lee Shau Kee Campus, HKUST
Clear Water Bay, Kowloon
Hong Kong

Natixis ( email )

France

Carlos Casanova

BBVA Hong Kong Branch ( email )

33/F., Tower Two
Hong Kong
Hong Kong

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