China's Foreign Aid: Taking Africa as an Example

碩士 === 國防大學 === 戰略研究所 === 107 === In the past 60 years, China’s assistance to Africa is an important means of diplomatic strategy. Before the economic reform, political interests were used as aid purposes, and after the economic reform, economic interests were the mainstay. In the 2015 China-Africa...

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Bibliographic Details
Main Authors: KAO, I-MING, 高怡旻
Other Authors: Huang,Hong-Po
Format: Others
Language:zh-TW
Published: 2019
Online Access:http://ndltd.ncl.edu.tw/handle/d75up5
Description
Summary:碩士 === 國防大學 === 戰略研究所 === 107 === In the past 60 years, China’s assistance to Africa is an important means of diplomatic strategy. Before the economic reform, political interests were used as aid purposes, and after the economic reform, economic interests were the mainstay. In the 2015 China-Africa Cooperation Forum, China provided US$60 billion in “Ten Plans” assistance, and in 2018, China added another US$60 billion to implement the “Eight Actions” plan. It is obvious that cooperation between China and African countries is continuing to expand. China's status in Africa is increasing day by day, and it has also had a critical impact in the international arena and has attracted the attention of Western countries. China's assistance to Africa has brought about major infrastructure such as railways, highways and ports. Relatively, it has also exploited natural resources such as oil and original materials in Africa to ensure domestic energy security. However, China's aid can be explained to be the most substantial and effective exchange for African underdeveloped countries. For China's "huge money" assistance, African countries are also facing huge debt pressures, government corruption, environmental improvement and China's import of excess capacity. This study finds that the information opacity of China's aid to Africa is easier for African countries with lower government governance index to accept Chinese aid. The economic benefits provided by China often exceed the political and security considerations of China’s recipient countries. The loan of China is considered a debt trap. In fact, China's loans are not the main cause of the African debt crisis. It should be worried about China's debt rather than African countries. In addition, the success of China's economic reform is an approach that does not require democracy to be modernized. This kind of China’s foreign aid model is very attractive to those African politicians who are authoritarian and non-democratic.