Can China Help Africa Become the Next Factory of the World?

For decades, African governments have tried to lure Chinese manufacturing companies to set up factories in their countries with the promise of an abundant supply of low-cost labor. Other than a few high-profile companies, Chinese companies, for the most part, have balked — preferring instead to offshore production closer to home in Southeast Asia.

But now that may be starting to change. With the Africa Continental Free Trade Agreement now up and running, Chinese firms see an opportunity to manufacture goods for local and continental markets.

Three scholars recently surveyed Chinese manufacturing trends in 34 countries between 2003 and 2014 and published their findings in a new Boston University Global Development Policy Center working paper. Keyi Tang, an assistant professor at the ESADE Business School in Barcelona and one of the report's authors, joins Eric & Cobus to discuss their findings and what it says about the future prospects for Chinese manufacturing on the continent.

SHOW NOTES:

Download the BU Global Development Policy Center Report: Chinese Economic Ties and Low-carbon Industrialization in Africa: https://tinyurl.com/26affcwq

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