American Journal of Economics
p-ISSN: 2166-4951 e-ISSN: 2166-496X
2016; 6(5): 250-261
doi:10.5923/j.economics.20160605.02
Bello Galadanchi
International Academic Fraternity (SIGMA), Zhejiang Normal University, Jinhua, China
Correspondence to: Bello Galadanchi, International Academic Fraternity (SIGMA), Zhejiang Normal University, Jinhua, China.
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Copyright © 2016 Scientific & Academic Publishing. All Rights Reserved.
This work is licensed under the Creative Commons Attribution International License (CC BY).
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With the increasing number of Chinese firms and companies in Africa, their basic objective is under observation. This relationship is often termed as the Sino-Africa relations with the international community looking closely on how these relationships such as aid agreements, infrastructural development, import and export relations between these countries are of immense benefits [12]. However, the relationship is not happening unnoticed and the United States in particular is calling “foul”. To add, concerns have being raised on how to tackle this development as well as examining the consequences of the relations [19]. To increase awareness and add to the existing body of knowledge, this paper seeks to present a glance into the Sino-African relations, examine the aid program between these nations, their present state of trade relations and analyze the reasons why the United States is paying close attention to the relationship. At the end, it is discovered that both China and United States are primarily involved in Africa, competing for natural resources, while African nations are clueless on ways of taking advantage of the heated rivalry.
Keywords: Chinese firms, Trade relations, Sino-Africa relations, Aid agreements, Infrastructural development, Import and export relations
Cite this paper: Bello Galadanchi, A Critical Look into United States’ Reactions over China’s Escalating Trade Influence in Africa, American Journal of Economics, Vol. 6 No. 5, 2016, pp. 250-261. doi: 10.5923/j.economics.20160605.02.
Figure 1. United States and China trade volume with African countries from 2011 to 2013 |
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Figure 3. United States-Africa trade volume from 2001 to 2013 |