Africa’s Rising Exposure to China: How Large Are Spillovers Through Trade?

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1484311396
Total Pages : 24 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Africa’s Rising Exposure to China: How Large Are Spillovers Through Trade? by : Mr. Paulo Drummond

Download or read book Africa’s Rising Exposure to China: How Large Are Spillovers Through Trade? written by Mr. Paulo Drummond and published by International Monetary Fund. This book was released on 2013-12-17 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rapid growth in China’s domestic investment in recent decades has generated a large appetite for global goods, including from sub-Saharan Africa (SSA). This paper estimates the impact of changes in China’s investment growth on SSA’s exports. Although rising trading links with China have allowed African countries to diversify their export base across countries, away from advanced economies, they have also led SSA countries to become more susceptible to spillovers from China. Based on panel data analysis, a 1 percentage point increase (decline) in China’s domestic investment growth is associated with an average 0.6 percentage point increase (decline) in SSA countries’ export growth. This impact is larger for resource-rich countries, especially oil exporters. These effects could be mitigated, however, to the extent that countries can reorient their exports.

China Returns to Africa

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Author :
Publisher : Hurst & Company
ISBN 13 :
Total Pages : 414 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis China Returns to Africa by : Chris Alden

Download or read book China Returns to Africa written by Chris Alden and published by Hurst & Company. This book was released on 2008 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: The geopolitical landscape of China-Africa relations has been overlooked during the G8's purported 'Year of Africa', which generated debate in the build-up to the China-Africa Summit in Beijing in 2006. This book offers surveys of China's return to Africa, examining what this relationship holds for diplomacy, trade and development.

China's Rise in Africa

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Author :
Publisher : Routledge
ISBN 13 : 1317995341
Total Pages : 114 pages
Book Rating : 4.3/5 (179 download)

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Book Synopsis China's Rise in Africa by : Ian Taylor

Download or read book China's Rise in Africa written by Ian Taylor and published by Routledge. This book was released on 2014-10-20 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: In seeking to cultivate external relations with African countries, China has long stressed its commonly shared roots with African nations as a developing country rather than a Western state, and as such the symbolic attraction of China clearly reverberates with many African elites who seem to look on China as a positive development model. However, it should be noted that this has not been embraced solely by dictatorial or authoritarian regimes but in fact China’s approach to non-interference has struck a chord even with those democratically elected leaders in Africa. While such practices clearly benefit African elites, it is remains doubtful that they do so for ordinary Africans, although sustained analysis suggests that potential exists, albeit hampered by the modalities of governance on the continent. This book brings together experts on the topic to throw light on some of the more contentious aspects of the relationship. This book was published as a special issue of the Journal of Contemporary African Studies.

China’s Trade and Investment in Africa

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Author :
Publisher : Springer Nature
ISBN 13 : 9811595739
Total Pages : 342 pages
Book Rating : 4.8/5 (115 download)

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Book Synopsis China’s Trade and Investment in Africa by : Alpha Furbell Lisimba

Download or read book China’s Trade and Investment in Africa written by Alpha Furbell Lisimba and published by Springer Nature. This book was released on 2020-12-21 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: The core argument of this book is that China poses both challenges and creates opportunities for Africa, and that the transformative potentials of China-Africa engagements can be compared to Africa’s experiences with European colonialism. However, it would be patently misleading to claim any equivalence between African experiences of European colonialism with Africa’s engagements with China. Although, China does not replicate the exact colonial model, its actions have all elements of dependent relations, thus underpinning neo-colonialism with Chinese characteristics. Analysing China’s growing economic relations with Africa, this book posits that, Africa’s underdevelopment situation with China does not indicate a significant point of departure from the colonial model of development because China’s actions in Africa, although not exactly colonial, have all possibilities of Neocolonialist model with Chinese characteristics. As such the author argues that China’s increasing trade, FDI inflow and influence on the economic growth and development in Africa will result in a long-term negative impact in development outcomes and capacity building, governance practice, democratic transition and human rights for future self-reliance and sustainable development.

A Rebalancing Act for China and Africa

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1475593236
Total Pages : 32 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis A Rebalancing Act for China and Africa by : International Monetary Fund. African Dept.

Download or read book A Rebalancing Act for China and Africa written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2017-04-07 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: How does China’s new growth model affect sub-Saharan Africa? To address this question, this paper first looks at the growing ties between China and Africa; attempts to estimate more precisely the impact on growth through the trade channel; and finally draws some policy implications regarding whether this means an end of the Africa Rising narrative or merely the beginning of a new chapter.

The New Presence of China in Africa

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Author :
Publisher : Amsterdam University Press
ISBN 13 : 908964136X
Total Pages : 225 pages
Book Rating : 4.0/5 (896 download)

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Book Synopsis The New Presence of China in Africa by : Meine Pieter van Dijk

Download or read book The New Presence of China in Africa written by Meine Pieter van Dijk and published by Amsterdam University Press. This book was released on 2009 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book describes China's growing range of activities in Africa, especially in the sub-Saharan region. The three most important instruments China has at its disposal in Africa are development aid, investments and trade policy. The Chinese government, which believes the Western development aid model has failed, is looking for new forms of aid and development in Africa. China's economic success can partly be ascribed to the huge availability of cheap labour, which is primarily employed in export-oriented industries. China is looking for the required raw materials in Africa, and for new marketplaces. Investments are being made on a large scale in Africa by Chinese state-controlled firms and private companies, particularly in the oil-producing countries (Angola, Nigeria and Sudan) and countries rich in minerals (Zambia). Third, the trade policy China is conducting is analysed in China and compared with that of Europe and the United States. In case studies the specific situation in several African countries is examined. In Zambia the mining industry, construction and agriculture are described. One case study of Sudan deals with the political presence of China in Sudan and the extent to which Chinese arms suppliers contributed to the current crisis in Darfur. The possibility of Chinese diplomacy offering a solution in that conflict is discussed. The conclusion considers whether social responsibility can be expected of the Chinese government and companies and if this is desirable, and to what extent the Chinese model in Africa can act as an example - or not - for the West"--Publisher's description.

China, Africa and South Africa

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Author :
Publisher :
ISBN 13 :
Total Pages : 294 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis China, Africa and South Africa by : Garth Le Pere

Download or read book China, Africa and South Africa written by Garth Le Pere and published by . This book was released on 2007 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's growing engagement with Africa has major implications for both sides, and has added an important strategic context to South-South co-operation. In this volume, two leading South African scholars examine this dynamic which takes on added meaning because of the new Sino-South African axis.

China into Africa

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Author :
Publisher : Brookings Institution Press
ISBN 13 : 0815701756
Total Pages : 351 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis China into Africa by : Robert I. Rotberg

Download or read book China into Africa written by Robert I. Rotberg and published by Brookings Institution Press. This book was released on 2009-10-01 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: Africa has long attracted China. We can date their first certain involvement from the fourteenth century, but East African city-states may have been trading with southern China even earlier. In the mid-twentieth century, Maoist China funded and educated sub-Saharan African anticolonial liberation movements and leaders, and the PRC then assisted new sub-Saharan nations. Africa and China are now immersed in their third and most transformative era of heavy engagement, one that promises to do more for economic growth and poverty alleviation than anything attempted by Western colonialism or international aid programs. Robert Rotberg and his Chinese, African, and other colleagues discuss this important trend and specify its likely implications. Among the specific topics tackled here are China's interest in African oil; military and security relations; the influx and goals of Chinese aid to sub-Saharan Africa; human rights issues; and China's overall strategy in the region. China's insatiable demand for energy and raw materials responds to sub-Saharan Africa's relatively abundant supplies of unprocessed metals, diamonds, and gold, while offering a growing market for Africa's agriculture and light manufactures. As this book illustrates, this evolving symbiosis could be the making of Africa, the poorest and most troubled continent, while it further powers China's expansive economic machine. Contributors include Deborah Brautigam (American University), Harry Broadman (World Bank), Stephen Brown (University of Ottawa), Martyn J. Davies (Stellenbosch University), Joshua Eisenman (UCLA), Chin-Hao Huang (Stockholm International Peace Research Institute), Paul Hubbard (Australian Department of the Treasury),Wenran Jiang (University of Alberta), Darren Kew (University of Massachusetts– Boston), Henry Lee (Harvard University), Li Anshan (Peking University), Ndubisi Obiorah (Centre for Law and Social Action, Nigeria), Stephanie Rupp (National University of Singapore), Dan Shalmon (Georgetown University), David Shinn (GeorgeWashington University), Chandra Lekha Sriram (University of East London), and Yusuf Atang Tanko (University of Massachusetts–Boston)

Hidden Dragon, Crouching Lion

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Author :
Publisher :
ISBN 13 :
Total Pages : 132 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Hidden Dragon, Crouching Lion by : David E. Brown

Download or read book Hidden Dragon, Crouching Lion written by David E. Brown and published by . This book was released on 2012 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: The explosive growth of China's economic interests in Africa -- bilateral trade rocketed from $1 billion in 1990 to $150 billion in 2011 -- may be the most important trend in the continent's foreign relations since the end of the Cold War. In 2010, China surpassed the United States as Africa's top trading partner; its quest to build a strategic partnership with Africa on own its terms through tied aid, trade, and development finance is also part of Beijing's broader aspirations to surpass the United States as the world's preeminent superpower. Africa and other emerging economies have become attractive partners for China not only for natural resources, but as growing markets. Africa's rapid growth since 2000 has not just occurred because of higher commodity prices, but more importantly due to other factors including improved governance, economic reforms, and an expanding labor force. China's rapid and successful expansion in Africa is due to multiple factors, including economic diplomacy that is clearly superior to that of the United States. China's "no strings attached" approach to development, however, risks undoing decades of Western efforts to promote good governance. Consequently, this monograph examines China's oil diplomacy, equity investments in strategic minerals, and food policy toward Africa. The official U.S. rhetoric is that China's rise in Africa should not be seen as a zero-sum game, but areas where real U.S.-China cooperation can help Africa remain elusive, mainly because of Beijing's hyper-mistrust of Washington. The United States could help itself, and Africa, by improving its own economic diplomacy and adequately funding its own soft-power efforts.

Africa in China's Global Strategy

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Author :
Publisher : Adonis & Abbey Publishers Ltd
ISBN 13 : 1909112801
Total Pages : 205 pages
Book Rating : 4.9/5 (91 download)

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Book Synopsis Africa in China's Global Strategy by : Marcel Kitissou

Download or read book Africa in China's Global Strategy written by Marcel Kitissou and published by Adonis & Abbey Publishers Ltd. This book was released on 2007-08-31 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: China, in the past five years, has developed a proactive global policy and is emerging as a new global power with particular focus on developing countries in Central Asia, Southeast Asia, Latin America and Africa. What is the role of Africa in China's emerging global foreign policy? In 1998, China's aid to Africa was $107 million. By 2004, it had reached $2.7 billion, 26% of its international assistance that year. In 2005, Africa-China trade reached $40 billion, 35% up from the previous year. China is interested mainly in four sectors: infrastructure projects, regional banks such as the African Development Bank, training of African professionals particularly in economic management, and institutions of higher education with the goal of establishing Chinese language programs. The human factor is also important. Chinese Diaspora is fast increasing. For example, in Zambia, it grew from 3,000 to 30,000 in ten years and, in South Africa, from practically none to 300,000. African countries constitute a new market for Chinese products. They also provide a source of raw materials. Today, the continent supplies 30% of China's import of oil and gas, Angola being the largest supplier with 522,000 barrels of oil per day to China. The last five years, Chinese oil companies spent $15 billion acquiring oil fields and local companies. The appetite for raw materials goes beyond oil and gas and China's foreign political strategy is primarily to solve its own domestic problems and protect its interests in the global arena. Will Africa be a pawn or a player in this emerging geopolitical game? Will China's deepening relations with the continent represent a new opportunity for African countries to negotiate a new partnership and skillfully use it to the best advantage of their citizens? These are some of the questions contributors to the volume have tried to answer by examining various facets of these deepening relations and underlining areas of concerns as well as the opportunities for mutually rewarding relations.

What Drives China's Growing Role in Africa?

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Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis What Drives China's Growing Role in Africa? by : Jian-Ye Wang

Download or read book What Drives China's Growing Role in Africa? written by Jian-Ye Wang and published by International Monetary Fund. This book was released on 2007-08 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: What role does China play in Africa's development? What drives China's increasing economic involvement in the continent? This paper attempts to provide a quantified assessment of China's multifaceted influence as market, donor, financer and investor, and contractor and builder. Though in the past official development aid predominated, the paper argues that government policies, markets for each other's exports, Africa's demand for infrastructure, and differences in China's approach to financing have together moved commercial activities-trade and investment-to the center of China-Africa economic relations. While China's public sector, state financial institutions in particular, has been instrumental in the process, the influence of its private sector is increasing. Implications for the future of China-Africa economic relations are briefly noted.

The Rise of China and India in Africa

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Author :
Publisher : Zed Books Ltd.
ISBN 13 : 184813827X
Total Pages : 306 pages
Book Rating : 4.8/5 (481 download)

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Book Synopsis The Rise of China and India in Africa by : Fantu Cheru

Download or read book The Rise of China and India in Africa written by Fantu Cheru and published by Zed Books Ltd.. This book was released on 2010-03-11 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, China and India have become the most important economic partners of Africa and their footprints are growing by leaps and bounds, transforming Africa's international relations in a dramatic way. Although the overall impact of China and India's engagement in Africa has been positive in the short-term, partly as a result of higher returns from commodity exports fuelled by excessive demands from both countries, little research exists on the actual impact of China and India's growing involvement on Africa's economic transformation. This book examines in detail the opportunities and challenges posed by the increasing presence of China and India in Africa, and proposes critical interventions that African governments must undertake in order to negotiate with China and India from a stronger and more informed platform.

Africa and its Relation to China

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Author :
Publisher : GRIN Verlag
ISBN 13 : 3346087948
Total Pages : 37 pages
Book Rating : 4.3/5 (46 download)

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Book Synopsis Africa and its Relation to China by : Esther Onomah

Download or read book Africa and its Relation to China written by Esther Onomah and published by GRIN Verlag. This book was released on 2019-12-23 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2019 in the subject Politics - Region: Africa, grade: A, University of Cape Coast, language: English, abstract: This essay seeks to discuss the assertion as to whether or not the African continent should be looking more towards increased partnerships with China, or strive to maintain its traditional trading relations, taking into consideration the globalized nature of the world economy and the dominance of powerful trading blocs. The paper argues that Africa should remain neutral as it would be ‘unwise’ for it to swing towards a more trading partnership with any power bloc. The essay is organized into three sections. The first section discusses globalization and the various phases it has taken over the years. Section two will examines Africa’s contact and history with its traditional trade partners. It also discusses the benefits Africa has derived and still derives from her trade with her traditional partner and hence should keep her ties with them. The section further looks at the disadvantages of Africa’s trade with her traditional partners and so Africa should look at increasing trade partnership with China. The third section of this paper focuses on Africa’s trade history and contact with China. The section further looks at some of the benefits Africa has enjoyed in their short term modern global trade with China, which has necessitated the need for the continent of Africa to increase her trade with China. This section again discusses the shortcomings Africa has faced as a result of her trade with China.

China-Africa and an Economic Transformation

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Author :
Publisher : Oxford University Press
ISBN 13 : 0198830505
Total Pages : 363 pages
Book Rating : 4.1/5 (988 download)

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Book Synopsis China-Africa and an Economic Transformation by : Arkebe Oqubay

Download or read book China-Africa and an Economic Transformation written by Arkebe Oqubay and published by Oxford University Press. This book was released on 2019 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume considers China-Africa relations in the context of a global division of labour and power, and through the history and experiences of both China and Africa. It examines the core ideas of structural transformation, productive investment and industrialization, international trade, infrastructure development, and financing.

Chinese Engagement in Africa

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Author :
Publisher : Rand Corporation
ISBN 13 : 0833084127
Total Pages : 170 pages
Book Rating : 4.8/5 (33 download)

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Book Synopsis Chinese Engagement in Africa by : Larry Hanauer

Download or read book Chinese Engagement in Africa written by Larry Hanauer and published by Rand Corporation. This book was released on 2014-03-12 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines Chinese engagement with African nations, focusing on (1) Chinese and African objectives in the political and economic spheres and how they work to achieve them, (2) African perceptions of Chinese engagement, (3) how China has adjusted its policies to accommodate African views, and (4) whether the United States and China are competing for influence, access, and resources in Africa and how they might cooperate in the region.

China's influence in Africa

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Author :
Publisher : GRIN Verlag
ISBN 13 : 3638836541
Total Pages : 24 pages
Book Rating : 4.6/5 (388 download)

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Book Synopsis China's influence in Africa by : Adeline Defer

Download or read book China's influence in Africa written by Adeline Defer and published by GRIN Verlag. This book was released on 2007-07-23 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2007 in the subject Politics - International Politics - Region: Africa, grade: 1,7, University of Münster (Institut für Politikwissenschaft), course: China and India -Two new global players, language: English, abstract: The third China-Africa Cooperation Forum held in Beijing between the 3rd and 5th November 2006 revealed the growing influence that China is becoming in Africa since a few years. This summit was announced by Chinese officials as being the most important diplomatic event ever organized in the country since 1949. The size of the African participation -48 African countries took part- was telling: Africa’s leaders recognise that China is a now a hugely important economic and political player on their continent. Actually, China has had a long involvement with Africa, going back to the early days of independence movements in the 1960s and before. But the current level and intent of China’s involvement is different. In those earlier days, China’s engagement with Africa was politically driven: personnel, technical assistance and weapons were sent to the continent to support newly independent countries and liberation movements. Besides, during the cold war, African leaders perceived China as a leading nation of the Third World, and Maoism was sometimes used as ideological reference, while China had geopolitical interests in the continent, namely to counter its biggest ideological rival, the Soviet Union, in countries such as Angola and Congo. But in the 1980s, China’s influence and involvement in the African continent waned. China was unable to compete with western aid programs, and Africa had lost its strategic importance for Chinese officials. However, this situation dramatically changed in the last decade. China's policy towards Africa during this period has its roots in the crisis surrounding the Tiananmen massacre and the persistent Western criticism of China’s human rights record. These events indeed provided the initial trigger which compelled the Chinese government to seek closer ties to non-Western countries, and especially with Africa. In addition, the emergence of the international hegemony of the United States in the post-1989 period led China to steer a more active foreign policy. As a consequence, Chinese officials advanced the concept of multipolarity, and reached out to non-Western states to bolster China’s international position vis-à-vis the United States and particularly its room for manoeuvre within the United Nations and other international bodies. Furthermore, since China’s economic boom and its growing thirst for raw materials, the commercial perspectives represented by the African continent and its potential in energetic resources are also in the heart of the new Chinese strategy in Africa. However, China’s growing influence in Africa has raised a range of interrogations about its objectives and methods. A crucial question I will try to answer is whether China’s growing involvement in Africa is a positive or a negative shift for the region. Will it help or hinder the development prospects of the continent? To answer that question, I will first review the scale of China’s political and economic involvement in Africa and examine the objectives and strategies underlying Chinese foreign policy towards Africa. Then I will look at the impact that China’s engagement has or may have in a near future on African countries by considering its economic and political repercussions.

China’s Diplomacy and Economic Activities in Africa

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Author :
Publisher : Springer
ISBN 13 : 3319693530
Total Pages : 107 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis China’s Diplomacy and Economic Activities in Africa by : Anja Lahtinen

Download or read book China’s Diplomacy and Economic Activities in Africa written by Anja Lahtinen and published by Springer. This book was released on 2018-02-08 with total page 107 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book advocates a broad outlook of China-Africa relations and highlights China’s soft power in Africa. Lahtinen discusses China’s impact in generating economic growth and argues how some African countries have become too dependent on it, as exposed by the recent economic downturn. This book not only bestows the rational and politics of China in Africa in its pursuit of global power in the changing economic and political landscape, but also opens and tackles issues of ideology, Confucianism, China Dream, soft power, culture, democracy, human rights, and geopolitics. Lahtinen argues that unlocking Africa's potential and its trajectory is up to Africa. This book provides an invaluable resource for politicians, policy advisers, researchers, practitioners, people in business and civic organization, and students of China studies, African studies, and international relations.