声明
Abstract
摘要
Abbreviations
Table of Content
Chapter 1 INTRODUCTION
1．1 Why the Case Study Countries
1．2 Literature Review
1．2．1 Trade
1．2．2 Foreign Direct Investment(FDI)
1．3 The Relevance of the Study
Chapter 2 STYLIZED FACTS OF CHINA’S TRADE AND INVESTMENT IN AFRICA
2．1 Africa’s Economic and Demographic Characteristics
2．2 Trade
2．2．1 Common Ground for China-Africa Relations
2．2．2 Trade Structure
2．2．3 Composition of Trade
2．2．4 Regional Differentials
2．2．5 Complementary and Competitive Nature
2．2．6 Direct and Indirect Trade
2．3 Investment
2．3．1 Structure and Composition of China’s Investment in Africa
2．3．2 Regional Differentials
2．3．3 Complementary and Competitive Nature
2．3．4 Implications on the Domestic Credit Market
Chapter 3 THE DRIVING FORCE OF CHINA TRADE AND INVESTMENT RELATIONS
3．1 Demand Driven Factors
3．1．1 Demand for Infrastructure
3．1．2 Demand for Natural Resource
3．1．3 Export Markets
3．1．4 Approach to Finance
3．2 Government Policies
3．2．1 Diplomatic Policy
3．2．2 Commercial Policy
3．3 The Role of the Public Sector
3．3．1 State-Owned Enterprises
3．3．2 China Export-Import Bank(Eximbank)
3．3．3 China Development Bank
3．3．4 China Export and Credit Insurance Corporation(SINOSURE)
3．3．5 Commercial Banks
3．4 The Role of the Private Sector
3．4．1 Evolution of Chinese Emigration Policies
3．4．2 Private Entrepreneurs
3．4．3 Private Investors
3．4．4 Private Contractors and Builders
Chapter 4 THE IMPACT OF CHINA’S TRADE AND FDI ON ANGOLA，GHANA AND SUDAN(Qualitative Study)
4．1 Systematic Framework for Comparing China’s Trade and FDI Impact on Angola，Ghana and Sudan
4．2 The Trade Channel
4．2．1 Assessing Direct and Indirect Trade Links Impact
4．2．2 Angola’s Economic Situation
4．2．3 Ghana’s Economic Situation
4．2．4 Sudan’s Economic Situation
4．3 The FDI Channel
4．3．1 China’s FDI Impact on Angola
4．3．2 China’s FDI Impact on Ghana
4．3．3 China’s FDI Impact on Sudan
Chapter 5 EMPIRICAL ANALYSIS OF CHINA’S TRADE AND INVESTMENT IMPACT ON SUB SAHARA AFRICA(Quantitative Study)
5．1 Trade Empirical Analysis
5．1．1 Measuring Revealed Comparative Advantage
5．1．2 Data and Empirical Findings
5．1．3 Inter-Temporal Variation in Revealed Comparative Advantage：2007-2009
5．1．4 Angola-Ghana-Sudan：Sector Comparative Analysis
5．1．5 Spearman Rank Correlation Based Analysis
5．1．6 Finger-Kreinin Export Similarity Index(ESI)
5．2 FDI Empirical Analysis
5．2．1 Theoretical Model
5．2．2 Ordinary Least Squares(OLS)Regression Model
5．2．3 Results and Discussion
5．2．4 Granger Causality Test
Chapter 6 OPPORTUNITIES AND CHALLENGES OF CHINA’S TRADE AND INVESTMENT
6．1 Opportunities and challenges Posed by China’s Interactions
6．1．1 Angola
6．1．2 Ghana
6．1．3 Sudan
6．2 Aggregating Effect on Sub-Saharan Africa
6．2．1 Opportunities Provided by China’s Trade Interactions
6．2．2 Challenges Posed by China’s Trade Interactions
6．2．3 Features of China’s FDI
6．2．4 Opportunities and Challenges Pose by China’s Investment in Sub-Sahara Africa
6．3 The Future of Sub-Saharan Africa-China Economic and Trade Relations
Chapter 7 CONCLUSION：RESEARCH AND POLICY IMPLICATIONS
Reference
Acknowledgement
Appendix
