Abstract
In the last decade, China's investment in Africa has increased by 46% annually, with an accumulated volume of 32.3 billion USD by August 2010. Investments in Africa account for more than 1/10 of China's total overseas investment. In 2010, China's investment there continued to speed up. It was reported that Ghana and Nigeria would receive over 10 billion USD in aid or investment and that other countries, including Zambia and the Republic of Congo, receive over 5 billion USD. With China's aid and investment to Africa focusing on resource acquisition and market share expansion, the environmental and social impacts in Africa must not be overlooked. A proper understanding of China's domestic investment and social models is a prerequisite to understanding China's investment behavior in Africa. China, once the biggest receiver of international aid, re-examines its own experience and development model so as to improve its aid and investment overseas. Keywords: Africa; China's aid; China's domestic development model; China's investment; Ghana; Nigeria; Republic of Congo; Zambia
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