Free Custom «Chinese Investments» Essay Paper

Chinese investments have not only created jobs for Chinese people, but also for African citizens. Dozens and dozens of Africans get employment in Chinese companies. One of the highlights of their employment is high pay from the perspective of Africans. On their contractual agreements, most Chinese companies force for a clause that the majority of the workforce has to be Chinese. If China were really investing in Africa with a heart to help, it should allow for a majority of workers to be natives. However, Chinese companies have come under heavy criticism for ill-treating African workers. In Zambia, for example, Chinese employers critically injured African workers when the workers were rioting over mistreatment by the Chinese employers (Down 2007).

The West also blames China for collaborating with corrupt African governments to gain economically. The major reason why Chinese firms continually abuse African labor laws is that they have corrupt deals with the central government. China, according to the West, perpetuates dictatorship in Africa. China has been a heavy investor in Zimbabwe; a country under the dictatorship of Robert Mugabe. Cooperating with such leaders is a clear indicator to the whole world that there is something more than meets the eye (Wei 2000).

 

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China, however, is behind the rapid economic growth in Africa. Although the major beneficiary is the investing country, the host countries can have no complains on the economic input from China relations. China is behind more than fifteen percent of Gross Domestic Product of several economies in Africa. Unemployment levels in these countries are low; thanks to the Chinese investments. The poverty levels are low owing to the economic stimulus from China. The standards of living in these African countries are increasing daily, due to stabilization of their economies (Lipsey 1982).