Chinese Export to the African Countries: Links with Chinese Energy Projects

The article examines the relationship between China’s exports to African countries and the implementation of energy projects by Chinese companies. The structure of Chinese exports to Africa and trends in the development of bilateral trade is analyzed. Key factors explaining the close correlation bet...

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Main Author: K. A. Gemueva
Format: Article
Language:English
Published: Ассоциация независимых экспертов «Центр изучения кризисного общества» (in English: Association for independent experts “Center for Crisis Society Studies”) 2021-04-01
Series:Контуры глобальных трансформаций: политика, экономика, право
Subjects:
Online Access:https://www.ogt-journal.com/jour/article/view/759
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author K. A. Gemueva
author_facet K. A. Gemueva
author_sort K. A. Gemueva
collection DOAJ
description The article examines the relationship between China’s exports to African countries and the implementation of energy projects by Chinese companies. The structure of Chinese exports to Africa and trends in the development of bilateral trade is analyzed. Key factors explaining the close correlation between exports and project implementation are: first, the significant volume of tied financing provided by Chinese banks for the construction of energy infrastructure in African countries, second, the need of these countries to purchase a lot of high-tech equipment in the absence of relevant industries on their territory. The dynamics of supplies of specialized equipment from China used for the construction of various types of power plants - hydroelectric power plants, thermal power plants, wind power plants and solar power plants - is considered in detail. The article provides examples of energy projects of Chinese companies in African countries, for which the supply of equipment is directly found in the imports of the respective countries from China. The tendency for Chinese companies to open production facilities in African countries, in particular cement plants and a photovoltaic modules plant, is noted. The author concludes that the African market remains extremely promising for the implementation of energy projects and the sale of relevant Chinese products despite some negative factors.
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publishDate 2021-04-01
publisher Ассоциация независимых экспертов «Центр изучения кризисного общества» (in English: Association for independent experts “Center for Crisis Society Studies”)
record_format Article
series Контуры глобальных трансформаций: политика, экономика, право
spelling doaj.art-95dacdac0cf5489cb9fb29e77a244cb82023-10-29T15:55:28ZengАссоциация независимых экспертов «Центр изучения кризисного общества» (in English: Association for independent experts “Center for Crisis Society Studies”)Контуры глобальных трансформаций: политика, экономика, право2542-02402587-93242021-04-0114214516310.23932/2542-0240-2021-14-2-145-163547Chinese Export to the African Countries: Links with Chinese Energy ProjectsK. A. Gemueva0Primakov National Research Institute of World Economy and International Relations, Russian Academy of SciencesThe article examines the relationship between China’s exports to African countries and the implementation of energy projects by Chinese companies. The structure of Chinese exports to Africa and trends in the development of bilateral trade is analyzed. Key factors explaining the close correlation between exports and project implementation are: first, the significant volume of tied financing provided by Chinese banks for the construction of energy infrastructure in African countries, second, the need of these countries to purchase a lot of high-tech equipment in the absence of relevant industries on their territory. The dynamics of supplies of specialized equipment from China used for the construction of various types of power plants - hydroelectric power plants, thermal power plants, wind power plants and solar power plants - is considered in detail. The article provides examples of energy projects of Chinese companies in African countries, for which the supply of equipment is directly found in the imports of the respective countries from China. The tendency for Chinese companies to open production facilities in African countries, in particular cement plants and a photovoltaic modules plant, is noted. The author concludes that the African market remains extremely promising for the implementation of energy projects and the sale of relevant Chinese products despite some negative factors.https://www.ogt-journal.com/jour/article/view/759chinaafricachinese exportthermal power stationhydropower stationsolar power stationwind power stationcontract workenergy infrastructuretied loan
spellingShingle K. A. Gemueva
Chinese Export to the African Countries: Links with Chinese Energy Projects
Контуры глобальных трансформаций: политика, экономика, право
china
africa
chinese export
thermal power station
hydropower station
solar power station
wind power station
contract work
energy infrastructure
tied loan
title Chinese Export to the African Countries: Links with Chinese Energy Projects
title_full Chinese Export to the African Countries: Links with Chinese Energy Projects
title_fullStr Chinese Export to the African Countries: Links with Chinese Energy Projects
title_full_unstemmed Chinese Export to the African Countries: Links with Chinese Energy Projects
title_short Chinese Export to the African Countries: Links with Chinese Energy Projects
title_sort chinese export to the african countries links with chinese energy projects
topic china
africa
chinese export
thermal power station
hydropower station
solar power station
wind power station
contract work
energy infrastructure
tied loan
url https://www.ogt-journal.com/jour/article/view/759
work_keys_str_mv AT kagemueva chineseexporttotheafricancountrieslinkswithchineseenergyprojects