New Economic cooperation of China with Sub-Saharan Africa in Belt and Road Initiative
Weldegebriel Abrha Hagoss & Xia Youfu
This study was conducted to investigate the effect of Chinese investment and trade on the business environment and Economic growth of Sub-Saharan Africa countries in the perspective of Belt and Road Initiative to improving the regional business environment and economy. The contribution of Chinese FDI and Trade has a positive significant effect to the economic growth of SSA and to linking with the international Business. The study used the BRI countries before and after starts from 2007-2011 and 2012-2018 respectively in 36 SSA countries. The new cooperation of Sino- SSA countries is not a threat and normalized the negative attitude of some western researchers about Sino-Africa. In order to more emphasize for all countries both China and SSA countries should do and revise their policy towards BRI. Also, it has an advantage to SSA countries and this study will help for the future base of Sino-Africa Belt and Road initiative research and emphasized both relationships.
Keywords: China, SSA, Investment, Trade, Economic Growth, BRI.
|Title:||New Economic cooperation of China with Sub-Saharan Africa in Belt and Road Initiative|
|Author:||Weldegebriel Abrha Hagoss & Xia Youfu|
|Journal Name:||International Journal of Science and Business|
|ISSN:||ISSN 2520-4750 (Online), ISSN 2521-3040 (Print)|
|Date of Publication:||12/06/2021|
|Paper Type:||Research paper|
Cite This Article:
Weldegebriel Abrha Hagoss & Xia Youfu (2021). New Economic cooperation of China with Sub-Saharan Africa in Belt and Road Initiative. International Journal of Science and Business, 5(8), 139-160. doi: https://doi.org/10.5281/zenodo.4934696
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About Author (s)
Weldegebriel Abrha Hagoss (corresponding author), Business School, University of International Business and Economics (UIBE), Chaoyang District, Beijing, P.R. China 100029. Email: email@example.com, DE201665026
Xia Youfu, International trade and industrial economics, University of International Business and Economics, Chaoyang District, Beijing, P.R. China 100029. Email: firstname.lastname@example.org.