Named Example: China’s investment in Africa – Colonisation or development?

Question 1

The growth of the emerging powers has been seen by many to provide the developing world with new opportunities to develop. Chinese companies are investing in Africa to help exploit and export raw materials:

Answer 1

• Around 30% of all used in China comes from Africa

- In 2007 Chinese investment in Africa totalled $30 billion

Question 2

However many believe that China has little interest in developing Africa; they are just wanting its resources. This is because most investment goes to the governments, TNCs and Chinese companies, and not to the local people. Much of the infrastructure has also been built by Chinese nationals and not local people. China now has:

Answer 2

• 45% ownership of oil field in Nigeria
• Minerals investment in Zimbabwe
• $175 million invested in copper mining in Zambia