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WPS6311
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u Private Chinese Investment in Africa
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l Myths and Realities
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Xiaofang Shen
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b The World Bank
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Development Economics Vice Presidency
January 2013
Policy Research Working Paper 6311
Abstract
Private Chinese outbound investment, not as well- trend is the increased pressure of industrial restructuring
known as government-led investment, offers special in coastal China, a force that drives some labor-intensive
opportunities and challenges for Africa today. The firms to relocate to other parts of the developing world,
significance of Chinese private-sector investment is including Africa. African host country governments can
already visible in the burgeoning manufacturing sector respond to this phenomenon with proactive development
in some parts of Africa, and the trend will continue to policies and strategies to maximize private Chinese
grow in the near future. The underlying force behind this investment for the benefit of their own economies.
This paper is a product of the Development Economics Vice Presidency. It is part of a larger effort by the World Bank to
provide open access to its research and make a contribut
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