Module 3: The China Problems Somalia Flashcards

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1
Q

Facts about trade between China and Africa

A

-trade has increased by 19% every year
-Chinese imports from Africa almost doubled (46%) in a year reaching approximately $38.4b in 2019
-2016 chinas exports $90b African exports $55b
-2021 chinas exports $145b, African imports $110
-Africa is in a trade deficient as Africa is buying more then they are making

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2
Q

Chinas relationship with Africa is new form of neocolonialism: no/ positive affects

A

-over half of chinas foreign aid is distributed in Africa
-China has the most peacekeepers in Africa with more then 2000 troops
-fruit and textile products from Benin enter China via the new port of Tianjin
-2014, China invested £56b in African infrastructure
-created roads, railways, schools and hospitals
-Chinese ministry of commerce reported $50b in new contracts 2015
-China is africas largest trading source

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3
Q

Chinas relationship with Africa is new form of neocolonialism: yes/ negatives

A

-chinas trade with African countries stops it from diversifying
-Chinese executives opened fire in workers protesting against poor pay and conditions in coal mine in Zambia
-raw materials leaving Africa and returning as finished goods meaning it is more expensive
-China has 4% of land
-work is often carried out by Chinese workers
-1m Chinese citizens now live in Africa
-mistreatment of workers

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4
Q

Somalia: how much remittance is sent, how much in international aid is sent, how much in exports from S, how much in foreign direct investment

A
  1. $1.2b 24-45% of Somalia’s economy
    2.$800m
    3.$500m
    4.$100m
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5
Q

What is the problems with somalias rates of remittance

A

Somalia relays on remittance for most of its economy and so if remittance has a tax or isn’t allowed it will affect the economy dramatically

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