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PEA Readings. Week 8 - Coggle Diagram

- - - - in the end they could take it for 2 reasons
        
        independence of Rhodesia created a transport emergency for them
        
        The western powers didnt make any offers
        
        in 1970s china and zambia signed the contract
        
        china wanted to
        
        replace taiwan in the UN
        
        compete with the USSR with their influence in Africa
        
        this was the begining of the cooperation between the then poor china and poor africa -> they used basic tools and more human labour -> this made it less capital intensive and more labour intensive
        
        at the end it was african railway not chinese railway
  - - - the state and state owned enterprised
      - private companies
      - grassroots immigrants
  - - - one or two infrastructure projects
        
        china is as poor per capita as ghana
      - 80s 90s
        
        increased investment adn diplomatic ties
        
        90 - present
        
        big time support
        
        this movement is due to chinas economic success
- - - - They are using this now to have survellence in Africa
- - - - they might empower bad governance
      - they force them to use chinese firms - so there are strings attached
      - it is good that they put the prices down so this helps the poor people
      - On the minus side, African non-resource sectors cannot compete with their Chinese counterparts, leading to unemployment in labour-intensive sectors.
      - if Beijing aims to become the leader of international liberal trade based on inclusive development, it needs to assure more generous access to the Chinese mar- ket for African goods
      - Our third concern is the concentration of Chinese investments in a few countries and sectors in SSA. Although foreign direct investment (FDI) inflows may stimulate economic activity in SSA, the benefits of economic growth do not necessarily percolate down to the lower echelons of societies