Complementary Development between China and Sub-Sahara Africa: Examining China’s Mining Investment Strategies in Africa

China’s recent national and international regional development strategies emphasize both the deepening of the domestic market and the exploration of new markets and resource suppliers to support China’s industrialization. The cooperation with, and investment in, Africa has become an integrated part...

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Autores principales:	Xiaoliang Wang, Danlin Yu, Chunhua Yuan
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	complementary development mining investment investment decision support AHP VIKOR China Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
Acceso en línea:	https://doaj.org/article/22ee9101a992404396557abe105d446a
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spelling	oai:doaj.org-article:22ee9101a992404396557abe105d446a2021-11-11T19:24:54ZComplementary Development between China and Sub-Sahara Africa: Examining China’s Mining Investment Strategies in Africa10.3390/su1321116782071-1050https://doaj.org/article/22ee9101a992404396557abe105d446a2021-10-01T00:00:00Zhttps://www.mdpi.com/2071-1050/13/21/11678https://doaj.org/toc/2071-1050China’s recent national and international regional development strategies emphasize both the deepening of the domestic market and the exploration of new markets and resource suppliers to support China’s industrialization. The cooperation with, and investment in, Africa has become an integrated part of China’s international regional development strategy. Investment in Africa is often the result of a decision process that requires balance among local complex political, economic, social, and geological conditions. Proper decision support analysis is the key for success or failure of complementary development. Based on location theories, the current study analyzes China’s mining investment in Africa and derives a set of indicators to form the basis for evaluating China’s investment strategies in the mining industries in Africa. A multi-criteria decision making (MCDM) approach, the VIKOR method, is applied to evaluate six African countries based on this set of indicators. Results suggest that while resource abundance and value are important factors for mining investment decisions, political stability and local legal system restrictions are weightier in the decision-making process. China’s outward foreign direct investment (OFDI) in mining industries in Africa is more inclined to countries with stable political environment, resource endowment and greater value advantage so that both parties can maximize the benefits from such investment.Xiaoliang WangDanlin YuChunhua YuanMDPI AGarticlecomplementary developmentmining investmentinvestment decision supportAHPVIKORChinaEnvironmental effects of industries and plantsTD194-195Renewable energy sourcesTJ807-830Environmental sciencesGE1-350ENSustainability, Vol 13, Iss 11678, p 11678 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	complementary development mining investment investment decision support AHP VIKOR China Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
spellingShingle	complementary development mining investment investment decision support AHP VIKOR China Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350 Xiaoliang Wang Danlin Yu Chunhua Yuan Complementary Development between China and Sub-Sahara Africa: Examining China’s Mining Investment Strategies in Africa
description	China’s recent national and international regional development strategies emphasize both the deepening of the domestic market and the exploration of new markets and resource suppliers to support China’s industrialization. The cooperation with, and investment in, Africa has become an integrated part of China’s international regional development strategy. Investment in Africa is often the result of a decision process that requires balance among local complex political, economic, social, and geological conditions. Proper decision support analysis is the key for success or failure of complementary development. Based on location theories, the current study analyzes China’s mining investment in Africa and derives a set of indicators to form the basis for evaluating China’s investment strategies in the mining industries in Africa. A multi-criteria decision making (MCDM) approach, the VIKOR method, is applied to evaluate six African countries based on this set of indicators. Results suggest that while resource abundance and value are important factors for mining investment decisions, political stability and local legal system restrictions are weightier in the decision-making process. China’s outward foreign direct investment (OFDI) in mining industries in Africa is more inclined to countries with stable political environment, resource endowment and greater value advantage so that both parties can maximize the benefits from such investment.
format	article
author	Xiaoliang Wang Danlin Yu Chunhua Yuan
author_facet	Xiaoliang Wang Danlin Yu Chunhua Yuan
author_sort	Xiaoliang Wang
title	Complementary Development between China and Sub-Sahara Africa: Examining China’s Mining Investment Strategies in Africa
title_short	Complementary Development between China and Sub-Sahara Africa: Examining China’s Mining Investment Strategies in Africa
title_full	Complementary Development between China and Sub-Sahara Africa: Examining China’s Mining Investment Strategies in Africa
title_fullStr	Complementary Development between China and Sub-Sahara Africa: Examining China’s Mining Investment Strategies in Africa
title_full_unstemmed	Complementary Development between China and Sub-Sahara Africa: Examining China’s Mining Investment Strategies in Africa
title_sort	complementary development between china and sub-sahara africa: examining china’s mining investment strategies in africa
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/22ee9101a992404396557abe105d446a
work_keys_str_mv	AT xiaoliangwang complementarydevelopmentbetweenchinaandsubsaharaafricaexaminingchinasmininginvestmentstrategiesinafrica AT danlinyu complementarydevelopmentbetweenchinaandsubsaharaafricaexaminingchinasmininginvestmentstrategiesinafrica AT chunhuayuan complementarydevelopmentbetweenchinaandsubsaharaafricaexaminingchinasmininginvestmentstrategiesinafrica
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Complementary Development between China and Sub-Sahara Africa: Examining China’s Mining Investment Strategies in Africa

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