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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:China's New Mercantilism in Central Africa
Author:Holslag, JonathanISNI
Year:2006
Periodical:African and Asian Studies
Volume:5
Issue:2
Pages:133-169
Language:English
Geographic terms:Central Africa
China
Subjects:international trade
trade policy
Economics and Trade
international relations
History and Exploration
Development and Technology
External link:https://doi.org/10.1163/156920906777906781
Abstract:The objective of this article is twofold. On the one hand it elucidates the goals and dynamics of China's foreign trade policy since the 1990s. On the other hand it assesses the impact of this strategy on the development of the central African region - Burundi, Central African Republic, Democratic Republic of Congo, Republic of Congo, Gabon, Rwanda, Uganda - as a case for China's influence on other developing countries. The author observes that China is pursuing a pragmatic mercantilist policy that combines a wide array of diplomatic and economic devices. As a result, the People's Republic is gaining ground slowly but surely. However, China's ascent does not lift the central African States to a more favourable position in the global division of labour. The author concludes that China's rise confirms the current economic position of African countries: that of a commodity supplier and a modest consumers' market. Bibliogr., notes, ref., sum. [Journal abstract]
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