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Justine Salam / Hany Besada

45

SBE, Vol.20, No.1, 2017

ISSN 1818-1228

©Copyright 2017/College of Business and Economics,

Qatar University

Africa’s development trajectory.”

53

China tries

not to act like a ‘grab-it-all’ power, but rather

like a trade partner exclusively interested in

conducting business. Furthermore, as Taylor

underlines, “China’s renewed interest in

Africa coincided with an upsurge of western

interest in promoting liberal democracy and

human rights,”

54

a measure perceived as

neo-imperialism by developing countries,

especially authoritarian regimes. China took

advantage of this context and re-assured many

of its African trade partners that its sole interest

is in business transactions. Beijing has also

avoided framing its approach from a human

rights standpoint and preferred emphasizing

“economic rights” and “rights of subsistence”

of developing countries.

55

Consequently,

many African powers view China’s presence

as a chance to disengage from the West and its

constant political demands, leaving China to

balance its need for resources with “diplomacy

to court African leaders.”

56

The advantage of not being associated with

colonialism and imperialism could have been

a double-edged sword and disadvantaged

China because it does not possess the historical

linkages with strategic oil-exporting countries

like European powers. However, China made

the best of it by approaching itsAfrican partners

as an independent business relationship. In the

same vein, China has had access to countries

where American and European companies

are absent due to political instability and

human rights violations. Some North African

countries like Libya and Sudan have been

isolated by American foreign policy; yet, as

53 Naidu and Davies ,Who was the real winner in China?

China Monitor 13, Centre for Chinese Studies, University

of Stellenboschs, 2006, pp. 70.

54 Taylor (2006), pp. 939.

55 Ibid, p. 939.

56 Naidu and Davies, China fuels its future with African

riches, South African Journal of International Affairs

13(2). 2006, Pp 80.

with the Iranian case, China has tremendously

benefited from this vacuum to seize important

deals and gain assets

57

. Unlike the Middle East,

oil upstream markets are wide open for foreign

investments in North Africa. As exploration is

more risky, China has seized opportunities to

invest in upstream markets, often becoming

the most important investor

58

. Indeed, North

Africa is particularly in need of investment.

Unlike its Middle Eastern counterpart where

the oil sector is saturated, Africa has mostly

been enthusiastic, and welcomed Chinese

foreign direct investment to invigorate its

neglected sectors, especially oil.

Given the uniqueness of the Middle East in

relation to oil sustainability, geographical

proximity, and strategic location, it is difficult

for China to move away from the Middle East.

The Beijing Consensus is especially appealing

to developing states because it does not involve

immediate political change. Unlike the Cold

War era, current Chinese foreign policy is

more concerned with economic development

than ideology.

59

Both China and the Middle

East have a clear preference for “a faster pace

of economic reform compared to political

change,”

60

which creates space for increasing

cooperation.

In addition to oil, both economies complement

each other because Persian Gulf states are huge

markets with medium populations, striving

for articles of production and daily use, which

China produces cheaply and efficiently. The

oil states are major consumers of Chinese

57 Salman, M., Moritz, P., and Gustaaf Geeraerts. “Hedging

in the Middle East and China-U.S. Competition.”

Asian

Politics & Policy

7, 4: 575–596. (2015)

58 Zhao (2007)

59 Hontu (2010)

60 Sager, Abdulaziz. 2010. ‘GCC-China Relations:

Looking beyond Oil-risks and Rewards’, in Abdulaziz,

Sager, Geoffrey, Kemp (eds), China’s Growing Role in the

Middle East. Washington, DC: Nixon Center, 2010, Pp.21.