THE IMPACT OF CHINESE INVESTMENTS IN AFRICA ON THE EMPLOYMENT AND LABOR MARKET. (Research Paper Sample)
THE IMPACT OF CHINESE INVESTMENTS IN AFRICA ON THE EMPLOYMENT AND
THE IMPACT OF CHINESE INVESTMENTS IN AFRICA ON THE EMPLOYMENT AND LABOR MARKET.
African countries have extensively experienced economic growth and development within the past two decades. International trade involvement being the primary factor that has led to the witnessed development. Macroeconomic indicators such as reduced unemployment rate and expansion in the labor market showing enormous evidence. This research proposal focuses on China and its engagement in African countries economically. It has created opportunities in the labor market and injected capital into various sectors in the economy, such as technology and infrastructure. This proposal's principal objective is to determine the impact that China has had on Africa through Foreign Direct Investment. The study will use a cross-sectional study design and quantitative and qualitative data analysis from secondary and primary sources.
China has been one of the most economic partners of African countries over the last two decades. Between 2000 to 2020, the total worth of trade merchandise between China and Sub-Saharan Africa has increased from about 10 billion dollars to over 80billion dollars ADDIN EN.CITE Zhao202053(Zhao et al., 2020)535317Zhao, YKrott, YMOngolo, SThe governance of global forest statistics: case study on forest products trade between Sub-Saharan Africa and ChinaInternational Forestry ReviewInternational Forestry Review408-42422320201465-5489(Zhao et al., 2020). Foreign Direct Investment (FDI) has been the primary way African countries receive investment opportunities from the Chinese with about 2.9 billion dollars FDI flow in African in 2011. UNCTAD (2013) reports that China is the largest developing country investor in Africa. Of African
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