CHINA’S RELATIONS WITH NORTH AFRICA: TRADE AND INVESTMENT

Mohamed A. Elshehawy, Shen Hongfang , Rania A. Ahmed

Abstract: It is no doubt that, the economic relations between China and North African economies (Algeria, Egypt, Libya, Morocco and Tunisia) are expanding rapidly in recent years as both an important trading partner and increasingly as an investor into the region. Few studies however have focused on the grasping of this trade and investment relationships. The main objective of this paper is to provide a brief overview of the nature of Chinese trade and foreign direct investment to date in North African countries through the available data. In order to achieve the objectives of the paper, the authors conducted a survey of China-North African trade and investment patterns across the region. In the light of the pool of literature and availability of data, the research relied on qualitative methods to analyze the composition of trade between China and North African countries. Results showed that China’s exports into North Africa countries have been far greater than its imports from the region, resulting in a large trade surplus in favor of China. The research clearly showed that many international Chinese companies invest in North Africa in many sectors ranging from cars, telecom, construction, electronics and financial services to oil and gas.

Keywords: China, North Africa, International trade, FDI.

Title: CHINA’S RELATIONS WITH NORTH AFRICA: TRADE AND INVESTMENT

Author: Mohamed A. Elshehawy, Shen Hongfang , Rania A. Ahmed

International Journal of Social Science and Humanities Research

ISSN 2348-3164 (online), ISSN 2348-3156 (Print)

Research Publish Journals

Vol. 2, Issue 3, July 2014 - September 2014

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CHINA’S RELATIONS WITH NORTH AFRICA: TRADE AND INVESTMENT by Mohamed A. Elshehawy, Shen Hongfang , Rania A. Ahmed