Thursday, September 15, 2016

Kyle Dool, Will Schreiner, Robert Krohe, Tucker Douglas China-Africa Response

In recent decades, Sino-African economic relations have caught the attention of many other world superpowers. China has increased its flow of resources and aids into the continent in the hope that it can be the greatest beneficiary of the impending boom of the African economies. 
This probable boost to the Chinese government has raised red flags to a lot of other large economies, especially democratic Western ones. Some believe China is taking advantage of lax regulations and the vulnerability of African economies. China's form of "aid" is intertwined with trade deals that actually benefit all involved parties. China helps develop areas on the continent in exchange for a preferred trade partnership. This upsets countries like America because China is poised to take the top spot as the world's most dominant economy. Relations between the communist country and America and its democratic allies has never been perfect, and the possibility of China becoming the most dominant economic superpower is worrying. 
This partnership changes the economic structure because it elevates the economies of both China and Africa. The prospect of Africa becoming a more developed area with rising GDPs and trade is beneficial to the entire global economic system. As Africa begins to become a more relevant player throughout the globe, the economic structure shifts to become more balanced instead of dominated by Western powers. 
The addition of an emerging, increasingly successful economy, especially as large of a market as Africa, is undeniably beneficial to global economics, however the cost of a more powerful China is troubling to some. 

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