Palgrave Communications | Article | open
China in the Global South
Editor: Professor Ho-fung Hung (Department of Sociology, Johns Hopkins University, USA)
Scope: Over the last decade, China has become ever more active in exporting capital to other developing countries. Sectors that Chinese companies invest in range from mining and infrastructure to manufacturing. These investments cover all continents. China’s initiation of the Asian Infrastructure Investment Bank and its participation in the BRICS bank will give extra financial boost to outward investment of Chinese companies. Journalistic and policy discussion about the impact of China’s outward investment on the prospect of development in the global South abounds. While some hail China’s capital export as creator of a new context of development, others see it as not much different from old colonial exploitation of less developed countries. Academic research on this topic is still lacking and uneven. This collection brings together pioneering research on the local impacts of Chinese investment in different parts of the developing world. It fosters comparative perspectives on whether (or not) Chinese outward investment is creating a new context of development in the developing world.
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