Dialogue
Development (2007) 50, 63–68. doi:10.1057/palgrave.development.1100403
Quid Pro Quo? China's Investment-for-Resource Swaps in Africa
Michelle Chan-Fishel and Roxanne Lawson
Abstract
China has been criticized for using 'no strings attached' investment and aid packages to secure access to natural resources in Africa. Are these concerns legitimate or simply defensive reactions as China's rising influence in Africa challenges western hegemony? Examples of investment-for-resources swaps in four countries are examined, and the authors find that nature and relative development benefits of such deals cannot be generalized.
Keywords:
China Development Bank, China Export–Import Bank, Angola, Nigeria, Uganda, Zimbabwe, tied aid


