000			03094cam a2200313 i 4500
999			_c4159 _d4159
001			19659340
005			20190111124208.0
008			170421s2017 maua 000 0 eng c
010			_a 2017016533
020			_a9781633692817 _q(hardcover : alk. paper)
040			_aMH/DLC _beng _cMH _erda _dDLC
042			_apcc
043			_af------ _aa-cc---
050	0	0	_aHD9737.A352 _bS86 2017
082	0	0	_a338.4096 _223
100	1		_aSun, Irene Yuan, _eauthor.
245	1	4	_aThe next factory of the world : _bhow Chinese investment is reshaping Africa / _cby Irene Yuan Sun.
300			_a211 pages : _billustrations ; _c25 cm
505	0		_aIntroduction: From the current factory of the world to the next factory of the world -- Part 1. Realities: A human chain reaction -- The life, death, and rebirth of factories -- Cloth and clothing, steel rods and steel sheets -- Taking a gamble -- Part 2. Possibilities: On the line -- Two steps forward, one step back -- Good (enough) governance -- "If we could do it, then so can this place" -- Epilogue: Feeling the stones.
520			_aChina is now the biggest foreign player in Africa: largest trade partner, largest infrastructure financier, and fastest-growing source of foreign direct investment. Chinese entrepreneurs are flooding into Africa, investing in long-term assets, such as factories and heavy equipment. The fact that China sees Africa not for its poverty but for its potential wealth is a striking departure from the attitude of the West, in particular the United States. For fifty years the West has engaged in countless poverty-alleviation and development-aid programs in Africa, yet Africa still has the largest number of people living in extreme poverty of any region in the world. Considering Africa's difficult history of colonialism, one might suspect that the current story of China in Africa is merely a story about exploitation of resources. Author Irene Yuan Sun follows these entrepreneurs and finds, instead, that they are factory owners, building in Africa what they so recently learned to build in China--a global manufacturing powerhouse. This gives rise to a tantalizing possibility: that Africa can industrialize in the coming generation. With a manufacturing-led transformation, Africa would be following in the footsteps of the United States in the nineteenth century, Japan in the early twentieth, and the Asian Tigers in the late twentieth century. Many may consider this an old-fashioned way to develop, but it's the only one that's proven to raise living standards across entire societies for generations. And with every new Chinese factory boss setting up machinery and hiring African workers, that possibility becomes more real for Africa.--
650		0	_aInvestments, Chinese _zAfrica.
650		0	_aManufacturing industries _zAfrica.
650		0	_aFactories _zAfrica.
651		0	_aAfrica _xEconomic conditions _y1960-
651		0	_aChina _xForeign relations _zAfrica.
906			_a7 _bcbc _corignew _d1 _eecip _f20 _gy-gencatlg
942			_2lcc _cBK