African-Chinese Business Relationship: Implication for Sustainable Rural Development

Abstract

This review examines the complex and diverse dynamics of business interactions between Africa and China, and how they impact the long-term development of rural areas. The historical backdrop of this alliance, marked by a mutual post-colonial encounter and developing commercial connections, establishes the framework for examining its economic, social, and environmental effects. Chinese expenditures in infrastructure have greatly enhanced economic growth, yet worries about debt reliance and trade imbalances continue to exist. From a social perspective, these investments not only generate job possibilities but also bring attention to issues related to labor practices and cultural assimilation. The environmental implications exhibit a range of outcomes, encompassing favorable contributions in the realm of renewable energy as well as potential concerns of degradation associated with extensive projects. Effective domestic control is necessary to promote transparency and responsibility in addressing governance challenges arising from the unconditional nature of Chinese investments. Theoretical perspectives derived from dependency and modernization theories offer valuable insights into both the possibilities and challenges associated with this connection. To improve our comprehension of how to maximize African-Chinese collaboration for inclusive and sustainable rural development, it is crucial to conduct longitudinal and micro-level studies that address the limitations indicated in the existing research.