The piece relates that, at times, Africans are not invited to debates, conferences and other key platforms on Africa-China relations even though the topic is about Africa’s and Africans’ relations with China and Chinese.
Since 2016, news about African traders leaving China has spread. According to analysts, the world commodity price drop rather than China’s economic restructuring is a contributing factor in making African traders leave China.
Africa’s share of global trade remains insignificant because it faces numerous challenges: customs procedures, a lack of infrastructure and information as well as poor market integration. While there are expectations that the EU trade policy and the WTO negotiations could improve Africa’s trade, there is an increasing need for African countries to consider other alternatives for trade performance.
With their growing interest to invest far from Chinaʼs borders, the Chinese have set up and developed businesses abroad, including in many African countries. Even though Chinese businesses in general and shops in particular are located or concentrated in specific areas people wrongfully call such places ʻChinatownsʼ.
If the US wants to create jobs and promote consumption of America-made products by Americans as Trump claimed during his electoral campaign, it will be hard for him to achieve such goals. The US economy is strongly tied to other economies around the world. With Trump’s rhetoric about protectionism and nationalism in an increasingly globalised world, it would be interesting to see how the US charts alone its trade and economic future.
The number of Chinese businessmen is growing in the Namibian capital, where they supply affordable but low quality goods especially to low-income earners. But not everyone is excited about the presence of the foreigners.
As trade and investment relations of African countries with China grow, African officials must step up negotiations to secure benefits for their people and promote African businesses and investments in China to counter one-sided patterns. The Forum on China-Africa Cooperation (FOCAC) is great platform for this.
As China’s growth begins to slow following decades of fast development, what are the impacts on the resource-rich countries whose economies recorded impressive growth thanks to high levels of export to China?