This essay seeks to discuss the assertion as to whether or not the African continent should be looking more towards increased partnerships with China, or strive to maintain its traditional trading relations, taking into consideration the globalized nature of the world economy and the dominance of powerful trading blocs. The paper argues that Africa should remain neutral as it would be ‘unwise’ for it to swing towards a more trading partnership with any power bloc.
The essay is organized into three sections. The first section discusses globalization and the various phases it has taken over the years. Section two will examines Africa’s contact and history with its traditional trade partners. It also discusses the benefits Africa has derived and still derives from her trade with her traditional partner and hence should keep her ties with them. The section further looks at the disadvantages of Africa’s trade with her traditional partners and so Africa should look at increasing trade partnership with China. The third section of this paper focuses on Africa’s trade history and contact with China. The section further looks at some of the benefits Africa has enjoyed in their short term modern global trade with China, which has necessitated the need for the continent of Africa to increase her trade with China. This section again discusses the shortcomings Africa has faced as a result of her trade with China.
Inhaltsverzeichnis (Table of Contents)
- INTRODUCTION
- THE WORLD AS A GLOBAL VILLAGE
- AFRICA AND THEIR TRADITIONAL TRADE PARTNERS
- ADVANTAGES OF AFRICA'S TRADE WITH ITS TRADITIONAL PARTNER
- DISADVANTAGE OF AFRICA'S TRADE WITH HER TRADITONAL PARTNERS
- SINO-AFRICAN RELATION
- SINO-AFRICAN PARTNERSHIP
- ADVANTAGES OF SINO-AFRICA TRADE PARTNERSHIP
- DISADVANTAGE OF SINO-AFRICAN RELATION
- PERSONAL TAKE ON THE ARGUMENT
- CONCLUSION
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This essay aims to explore the question of whether the African continent should prioritize increased partnerships with China or maintain its traditional trading relationships, considering the globalized nature of the world economy and the influence of powerful trading blocs. The argument posits that Africa should remain neutral, suggesting that it would be unwise to favor one power bloc over another.
- Globalization and its impact on the world system
- Africa's historical trade relations with its traditional partners (the West)
- Advantages and disadvantages of Africa's trade with its traditional partners
- Africa's growing trade relationship with China
- The potential benefits and challenges of increased Sino-African trade partnership
Zusammenfassung der Kapitel (Chapter Summaries)
- INTRODUCTION: This section introduces the central argument of the essay, which is that Africa should maintain neutrality in its trade relations with both its traditional partners (the West) and China.
- THE WORLD AS A GLOBAL VILLAGE: This chapter explores the concept of globalization and its impact on the interconnectedness of the world system. It highlights the importance of trade partnerships in a globalized economy.
- AFRICA AND THEIR TRADITIONAL TRADE PARTNERS: This section traces the history of Africa's trade relationship with the West, from the transatlantic slave trade to the post-colonial era. It discusses the legacy of European exploitation of Africa and the ongoing economic and political ties between the continents.
- ADVANTAGES OF AFRICA'S TRADE WITH ITS TRADITIONAL PARTNER: This chapter examines the benefits Africa has derived from its trade with the West, particularly within the context of the EU's trade agreements and development initiatives.
- DISADVANTAGE OF AFRICA'S TRADE WITH HER TRADITONAL PARTNERS: This section explores the potential drawbacks of Africa's continued reliance on its traditional trade partners, arguing that Africa should diversify its economic relations.
- SINO-AFRICAN RELATION: This chapter delves into the emergence of trade relations between Africa and China, highlighting the recent growth of this partnership.
- SINO-AFRICAN PARTNERSHIP: This section examines the advantages of increased trade between Africa and China, emphasizing the potential for economic development and infrastructure investment.
- ADVANTAGES OF SINO-AFRICA TRADE PARTNERSHIP: This chapter explores the potential benefits of increased Sino-African trade, focusing on the positive aspects of the partnership.
- DISADVANTAGE OF SINO-AFRICAN RELATION: This section discusses the potential challenges and drawbacks of Africa's growing reliance on China for trade and investment.
Schlüsselwörter (Keywords)
The key themes and concepts explored in this essay include: globalization, trade partnerships, African economic development, traditional trade relations, Sino-African relations, neutrality, economic diversification, and powerful trading blocs.
- Quote paper
- Esther Onomah (Author), 2019, Africa and its Relation to China, Munich, GRIN Verlag, https://www.grin.com/document/512218
