Uploaded by Rafael Popper 3542 days ago   File's language: English   Views: 761

Aggressive Chinese outward foreign direct investment (OFDI) outstrips and halts European and US investments and technology leadership in Africa and developing countries. While China’s OFDI is characterised by being politically unconditional, therefore highly welcomed, the predominance of state-owned enterprises (SOEs) investing in Africa and other developing countries could eventually become a “great wall” or major extension of China’s defence, security, science and technology policies. Such a pervasive OFDI strategy could sooner or later create natural market barriers for  European and north-American firms to operate in some sectors and industries dominated by China (mainly in the tertiary and the manufacturing sectors, but also in energy and natural resources).

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