A nice paper from a graduate student on the goals behind China’s heavy investment in Africa:
Chinas growing economic engagement in Africa, including trade, investment and aid, has captured the world’s attention and has given rise to a heated debate and a large literature about this phenomenon. This paper seeks to shed light on the current debate about the nature of this relationship and impacts for both sides by looking into a more fundamental question: what are the driving forces behind this economic relationship? It looks to develop a better-rounded understanding of the multitude and complexity behind this economic relationship by examining the driving forces from three aspects: economic, institutional and political. It concludes that economic incentives, domestic and international institutions and political considerations have all played a role in contributing to the growing economic relationship between China and Africa in the period since the 1990s.
Available for download here.