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Business
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| Number of pages / Number of words: |
10 / 2698 |
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The fact that this past year China invested $50 billion in 48 African countries speaks volumes about the growing trade relations. The reason is the complementary nature of China and African countries’ economic development. (for full article, see appendix 2)
2.2 Related Analysis in respect of Foreign Direct Investment
2...
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The FDI relationship, consists of a parent enterprise and a foreign affiliate which together form a transnational corporation (TNC). In order to qualify as FDI the investment must afford the parent enterprise control over its foreign affiliate. The United Nations defines control in this case as owning 10 percent or more of the ordinary shares or voting power of an incorporated firm or its equivalent for an unincorporated firm...
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