摘要
ALTHOUGH China＇s commercial interests in Africa have been dominated by state-owned enter- prises, state funds flowing to the continent are set to become less significant as market-driven outbound investment from China grows. This is made particularly clear by a new trend of outsourcing China＇s low-end, labor-intensive manufacturing. While China will remain a very competitive manufacturing economy for some time to come. rising production costs will encourage and force Chinese firms to relocate their operations abroad. As China＇s economy slows, Chinese enterprises, whether they are state-owned or private businesses, will be pushed to become more international, and shifting private manufacturing from China to Africa could be the next move for many such companies.
ALTHOUGH China＇s commercial interests in Africa have been dominated by state-owned enter- prises, state funds flowing to the continent are set to become less significant as market-driven outbound investment from China grows. This is made particularly clear by a new trend of outsourcing China＇s low-end, labor-intensive manufacturing. While China will remain a very competitive manufacturing economy for some time to come. rising production costs will encourage and force Chinese firms to relocate their operations abroad. As China＇s economy slows, Chinese enterprises, whether they are state-owned or private businesses, will be pushed to become more international, and shifting private manufacturing from China to Africa could be the next move for many such companies.
