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The Past And The Present: Two Paradigms Of The Sino-African Investment, Emma Weirich
The Past And The Present: Two Paradigms Of The Sino-African Investment, Emma Weirich
International Political Economy Theses
Outward foreign direct investment (OFDI) has obvious economic and political connections between the recipient and donor countries. Such investment can benefit both sides and carry certain costs to both, whether through global scrutiny or domestic struggles. This these seeks to add to the ongoing discussion of China's OFDI to Africa by comparing China's investment during its socialist period (1949-1976) and its post-socialist era (1977 – present). This comparison reveals that China's foreign policy has transitioned from a socialist paradigm to a capitalist one in the last seven decades, which brought significant changes in its OFDI policies and practice. In the …
Un-Obtainium: The Quest For Rare Earth Elements, Brahm Heyman
Un-Obtainium: The Quest For Rare Earth Elements, Brahm Heyman
International Political Economy Theses
The 17 "rare earth elements" are essential for the development of new technologies. Over the last several decades, China has established a virtual monopoly on the rare earth industry, producing over 97% of the world's current demand. This was achieved by effectively undercutting other producers who stopped competing in this market. In 2010, in an effort to bolster its domestic market, China decided to reduce the amount of rare earth elements that it would export. This situation can be used to consider China's relations with the rest of the world from two perspectives. (1) The realist perspective views China's actions …