Abstract
China has established good relations with African countries since the 1950s. In recent years, the investment enthusiasm in Africa has increased steadily in China. The research investigated the investment practice of China in African countries since the reform and opening, presented a general picture of Chinese FDI in African, and identified the status quo of Chinese investment from the perspective of investment volume, country distribution, industry distribution, and market maturity. Issues in policy support system, legal protection system, investment environment investigation, and operation mode are identified and analyzed, based on which corresponding countermeasures are proposed.
Highlights
With the deepening of globalization and the increasingly fierce competition in the international market, participating in international investment has become one of the important ways to promote the development of the world economy
This study focused on China’s investment in African countries since reform and opening, draw a clear picture of the investment from development to current characteristics, identified the general issues and proposed corresponding solutions applicable for most Chinese investments in African countries, providing general support and guidance for Chinese enterprises endeavor to invest in Africa
This study focused on the specific aspect as Chinese investments in African countries, identified general issues and applicable suggestions serving as a support and general guidance for Chinese investments in Africa
Summary
How to cite this paper: Xiong, Z. A Brief of China’s OFDI in African Countries. Journal of Service Science and Management, 14, 469-481.
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