China and African Energy Resources
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Warsaw School of Economics,
Department of Political Studies, Warsaw
Publication date: 2014-03-31
JoMS 2014;20(1):287-312
KEYWORDS
ABSTRACT
Numerous African natural resources have been attracting attention of
many developed and developing countries, including the People’s Republic
of China (China). Unprecedented economic development of recent
decades and insufficient domestic supply of energy resources have forced
the government in Beijing to foster the policy of securing foreign supplies.
Africa has since become an important receiver of Chinese investments in
extracting sector despite its apparent political, economic, and social risks.
Chinese financial engagement has been crucial to the development of its
African partners, though a wave of criticism from Western contenders
has initiated the discussion about unacceptable business incentives used
by Beijing. Close links with Africa may challenge Beijing’s traditional
diplomatic philosophy and lead to redefining its role in international
relations.