“China sees Africa as a continent of opportunities”,

says researcherChina-Africa economic relations have been intensifying and gaining the attention of researchers worldwide. In an interview with DW Africa, specialist Doris Fischer talks about the interests involved in these exchanges.  A Chinese worker of the China State Construction Engineering Corporation (CSCEC) looks on January 30, 2010 at the site of the new African Union (AU) conference center in Addis Ababa. China, often accused of being concerned only with Africa’s oil, is building, free of charge, the building that will house the continent’s political headquarters for decades to come.

AFP PHOTO / SIMON MAINA (Photo credit should read SIMON MAINA / AFP / Getty Images)Angola is now China’s second largest trading partner in the Portuguese-speaking world, behind Brazil only. In 2012, exchanges between Angolans and Chinese increased by 35.5% over the previous year. In addition to Angola, economic relations between China and other countries on the African continent have intensified in recent years. The effects of these relationships and the interests involved are questioned.

Many critics say that Chinis interested only in African raw materials

and not in the development of the continent. Doris Fischer researches Chinese economic policy and teaches at the University of Würzburg, Germany. She graduated in Sinology and Business Administration and holds a PhD in Economics. In an interview with DW Africa, Fischer spoke about some of the peculiarities of China-Africa relations. DW Africa: How important is Africa for China compared to other regions in the world? Doris FischerFischer:

One of the main interests is oil and also other raw materials and agricultural products Doris Fischer (DF): China-Africa relations have developed very quickly in recent years. China sees Africa as a continent with many opportunities. Most are developing countries, so it can establish alliances. From a political point of view, Africa is important. Proof is that it has just been announced that Xi Jinping’s first overseas trips as president will be to Russia and Africa.

  • From an economic point of view, the United States and Europe are even more important, but China already attaches great importance to Africa. DW Africa: What are China’s main interests in Africa? DF: One of the main interests is natural resources: oil and also other
  • raw materials and agricultural products. The second reason is that China sees the development potential for infrastructure projects and exports of telecommunication
  • equipment, for example. And also to export to other continents. DW Africa: Does Angola occupy a special place in relations with China-Africa?

Can it be said that, in this case, China’s main interest is raw materials? DF: Yes, you can say that easily. It is the country that exports the most to China and is China’s most important supplier of oil to Africa. China has a large trade deficit with Angola, because it imports a lot and exports little to Angola. But in the meantime, China has also become important for Angola as a market. DW Africa: In addition to importing,

China has also expanded its exports to Africa.

How big are these exports to Africa as a whole? Ölproduktion in AngolaAngola is China’s most important oil supplier in Africa DF: China exports less than it imports to Africa. But Africa has become an important market for telecommunication equipment, for example, and also for consumer goods, textiles and telecommunication devices. There are countries with which China works mainly in the field of raw materials and others that mainly serve as a market for China.

  • "China sees Africa as a continent of opportunities",South Africa, for example, is important in both areas. Recently, in the global financial crisis, China’s trade
  • balance with Africa has changed, because the country needs less raw materials for production destined for markets such as Europe and the United States.
  • Therefore, it imported less from Africa. At the same time, it used China as a replacement market for products it was unable to sell to other markets. DW Africa:

How do you see China-Africa relations in the coming years? Will they continue to expand? DF: Yes, on average in Africa as a whole. In detail, they will grow at a different intensity with each country. China’s fundamental perspective on Africa is different from the classical European perspective. The image often propagated in Europe is that it is a poor continent, in need of development aid, and not an interesting place to invest.

The idea that Africa is a continent of opportunities, with potential for growth, comes slowly here, but it was established later than in China.Africa is the new field of dispute between Russia and China for commercial and political influence25 2018Share this post with Facebook Share this post with Messenger Share this post with Twitter Share this post with Email ShareImage copyrightGETTY IMAGES”Africa must understand that China, as well as the United States, Russia, the United Kingdom,

States and the Soviet Union during the Cold War

did not arrive (on the continent) because it was interested in Africa, but in its own interest,” said Sanusi Lambido Sanusi, former director of the Central Bank of Nigeria, in an article published in the British newspaper Financial Times in 2013. Sanusi was reflecting on a reality that began with European colonialism, followed with the influence of the United times and, more recently,

States and the Soviet Union during the Cold Warcan be observed through the presence of new forces that seek to expand their economic and political power. As the West reduced its presence on the African continent, the “vacuum” paved the way for Beijing and Moscow’s strategies and interests. But are China and Russia heading towards a dispute for hegemony in Africa? What are hypersonic weapons, the subject of dispute between the USA, Russia and China to develop them firstWhy China bets on the Portuguese languageCompared to many other countries, China is a relatively newcomer.

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