Page 33 - English isu 43

The rise of china and India in Africa; From an economic perspective
The rise of china and India in Africa;
From an economic perspective

By
Ghzlan Mahmoud Abdul Aziz (*)

Abstract :

In recent years, China and India have become the most important
economic partners of Africa and their footprints are growing actively,

transforming Africa’s international relations in a dramatic way. The
two giants have rapidly modernizing industries and flourished middle
classes with rising incomes and purchasing power. These societies are
demanding in addition to natural resource-extractive commodities, ag-
ricultural goods, and other traditional African exports, but also diver-

sified, non-traditional exports such as processed commodities, light
manufactured products, household consumer goods, and tourism.

For its labor-intensive capacity, Africa exports these nontradi-
tional goods and services competitively to the average Chinese and
Indian consumer and firm keeping these rising trends. The two most

vital emerging economic powers have come forward to enhance their
economic partnership with African region in a number of forms;
trade, investment and official development assistance. This paper of-
fers a critical analysis of the role of the two “Asian Economic Gi-

ants” within the continent with respect to trade and Foreign Direct
Investment in the process of development of African region.

Key words; China- India- Africa- Trade- Foreign direct investments

(*) Teacher of political Science - Faculty of Economics and Administration - October
6th
University, (Issue 43. April 2018. p.p. 33 - 60).
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