Buy custom Enter the Dragon: An Analysis of the Nature of China's emerging role in Africa
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| Topic: |
Social Issues
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| Number of pages / Number of words: |
19 / 5166 |
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Indeed, "increased Chinese demand for raw materials has seen an upsurge in commodity prices, putting extra cash in the coffers of many resource-dependent economies" (Rocha 24). Thus, recent African economic growth can be attributed, in part, to surging Chinese demand that has not only led to a trend increase in primary commodity prices, but also depressed Africa's import prices...
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Thus, recent African economic growth can be attributed, in part, to surging Chinese demand that has not only led to a trend increase in primary commodity prices, but also depressed Africa's import prices. This "serves as a catalyst for local industrial development, as in the case of the West African cotton growers who have benefited from increased exports to China" (Maswana 9)...
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