Social and Behavioral Sciences Commons^™

The political warfare theorists argue that the so-called \"cooperative\" investments undertaken by China in Africa are devastating and exploitative. In contrast, the position of the South-South Cooperative school of thought stresses that China's increased aid, trade, and investment in Africa is a means to foster Africa's self-sufficiency and sustainable development in the 21st century. Before romanticizing on illusion, the two schools of thought need to be tested empirically. The empirical part of this study attempts to advance the understanding and rationalization of the various Chinese investments in Ethiopia. More specifically, the central motive of this study was to investigate if …

Contrary to Western debt and assistance marked by various forms of economic and political overtones, China, using the South-South Cooperation, is in the process of bestowing a mix of loans with generous terms, debt forgiveness, infrastructure development, and other assistance to African nations so that they could be relieved from Western cultural, political, and economic hegemony. African governments have appreciated and responded enthusiastically to this new source of bottom-up, multiple, bilateral investment, trade, and aid because China has professed a willingness to ignore the political, conditional terms that characterize Western assistance. China's deepening involvement across Africa can be viewed from …

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