Question

What are the criticisms from the chines investment in Africa?

Answer 1

Chinese investment in Africa is not about helping Africa but about using Africa for its own benefit.The major criticism that are surrounding with this new relationship between China and Africa are

Chinese are trying to use the low wage rate in Africa to outsource jobs so that they can reduce the cost of production of its goods which they can export to other countries at a very cheaper cost .

Chinese are becoming land grabbers in Africa by taking land from Africa to keep their own industries which is almost similar to colonialism.

Chinese are giving loans to Africa and using the predatory lending techniques where Africa cannot cover the debt which China can use to its advantage.

China will now be using the African resources for its purpose which will lead to reduction of resources in Africa.

These are major criticism that are present around the Chinese investment in Africa.