ipl-logo

Nigeria And China Relationship Essay

1851 Words8 Pages

APPRAISAL OF NIGERIA-CHINA TRADE RELATIONS (1975-2016)
BY
OLU CHIDINMA

Overview
The study aims to evaluate and provide an appraisal of the bilateral trade relations between Nigeria and China as well as providing information on the implication of China’s relations with Nigeria on the domestic economy. Economic relations between Nigeria and china dates back to 1971 when the two countries signed the joint communiqué on the establishment of diplomatic relations

Introduction
Economy of Nigeria
The economic conditions of Nigeria have advanced over the last few years as a result of the rapid phase of industrialization. The economy of Nigeria has also improved greatly with foreign investment which has been aided by high quality research as well as …show more content…

However this study will also contribute to the growing body of knowledge in globalization and its linkage with trade policy and will therefore aid researchers who might want to carry out research in related areas.
On completion of the study, it’s meant to examine the impact of Chinese investment on economic growth in Nigeria.
• Individuals
The study would give a wide understanding to individuals on the relationship between Nigeria and China. It would help to give a better understanding of the investment of the Chinese in the Nigerian economy as well as its industrialization. To the society at large, the influence of this study would lead to an improved quality of life and standard of living of individuals, through the quality of products been proved and the increased economic development of Nigeria through the proper utilization of the manufacturing sector.
• Company
The study would help to improve the management of domestic companies in Nigeria, to be able to understand better the concept of value that helps to create competitive advantage and organization

Show More
Related

  • Afro-Eurasia Dbq Essay

    776 Words  | 4 Pages

    After Columbus “discovered” the Americas, the Colombian exchange began. In this trading system, Afro-Eurasia would trade items from the Americas with their commodities. Many Europeans would go to the Americas to make money or spread their religion. One empire was the Spanish empire. They looked for valuable minerals and found silver mines in Mexico and Peru, prompting the silver trade.

    Read More

  • How Did Tax Laws Shaped American Society

    1014 Words  | 5 Pages

    In addition to this it had made us a more prosperous country, overall. The examination of this

    Read More

  • Pros And Cons Of Canada Senate

    1949 Words  | 8 Pages

    Evidence from a Field Experiment in West Africa PC Vicente - Economic Journal

    Read More

  • West Africa Compare And Contrast Essay

    947 Words  | 4 Pages

    The societies of West Africa, Europe, and North America exhibited similarities and differences in their religious beliefs, values, and government systems. These contrasts and similarities were further made apparent during European expansion across the Atlantic and the subsequent new cross cultural interactions that were created. One way in which the societies of West Africa, Europe, and North America diverged was in their belief systems. Unlike Europe and North America, West Africa gradually adopted Islam in addition to its traditional religions. Islam diffused through the trans-Saharan trade with North Africa and by the 1200’s was assimilated into the Mali and Songhai Empire.

    Read More

  • The Impact Of Globalization In China

    1404 Words  | 6 Pages

    The process of globalization, and its impact on economic growth have become the defining influence on the development of modern China. China 's integration into the global economic system has been a multifaceted and complex process, and one that China appears exceptionally eager to embrace. Encompassing domestic policy shifts, engagement with both global and regional institutions, as well as bilateral agreements with various countries, globalization has been an impressively orchestrated process initiated by the very top of the CCP. While advocates of globalization tout the growth of China as proof of its merits, analyzing the actual effects on the ground reveals a much more nuanced reality. Globalization has undoubtedly brought China more wealth and power, but it has also generated a host of other effects, both positive and negative.

    Read More

  • Similarities Between Canada And Nigeria

    252 Words  | 2 Pages

    I think that Canada is one of the most livable countries to live in. I say this because we are high life expectancy, primary school enrollment, and GDP. Canada 's HDI is also very high which proves that it is one of the most livable countries. Canada 's life expectancy is 84/80 years. This is really good because it shows that we have a good healthcare system, and the population in Canada is more likely to increase than decrease.

    Read More

  • The Main Factors Of European Imperialism In Africa

    1056 Words  | 5 Pages

    The rate of poverty and homelessness created a need for more economic opportunities. Colonies provided a chance for work and prosperity(Iweriebor, “The colonization of Africa”). Europeans lied to the Africans and made them sign what the Africans thought were peace treaties. Proverbs were among the many popular folkloric forms. Nigeria’s diverse past traditions provide many culture ideas(Gall, Hobby, “nigeria”).

    Read More

  • Braverman's Deskilling Concept Summary

    1845 Words  | 8 Pages

    Braverman’s deskilling concept According to Attewell (1987) Braverman starts with an argument that was made by Marx (1967), which stated that employees sell only their ability to work. Management must ensure that this ability is turned into work performed by the employees which will lead to profitability. Additionally, Braverman takes into consideration three implications that result from the argument made by Marx.

    Read More

  • Kosovo And Globalization Essay

    750 Words  | 3 Pages

    The term “Globalization” has been in existence for the past 50 years. It is one of the major causes of the increase in international trade. The Oxford Dictionary defined Globalization as “the process by which businesses or other organizations develop international influence or operate on an international scale”. It is a phenomenon that has been in the front burner for several years. Certain individuals opine that it serves as an advantage for the developing countries to compete in the global market while others were of the opinion that it favors the developed countries by making them richer (Giddens, A. 1999).

    Read More

  • Essay On Advantages And Disadvantages Of Multinational Corporations In Developing Countries

    833 Words  | 4 Pages

    Multinational corporations had brought numerous opportunity to developing country such as job opportunity, increasing guarantee at employment rate. It is benefited for developing country to improve the economy. According to Management development in international companies in China (Stephen T.K. Li, 1999), China is obtained 10% average annual by multinational companies and foreign companies create over 8 million job opportunity to China people, most importantly, China had a low employment rate before multinational companies enter into China. Consequently, the international companies are benefited to developing economy to developing

    Read More

  • Mercantilism In Africa

    2052 Words  | 9 Pages

    The author argue that China-Africa trade does not improve and sustain the living conditions of African residents, instead is it damaging efforts for Sub-Saharan Africa to improve their development. Lyons and Brown states that the increasing number of imports from China affect local businesses because China import cheap products and sell them at a lower price. Therefore, there is a competition, and this competition lowers the profit margins and income for some trader. As a result of this the African traders lose their businesses as their consumer go for Chinese products. The author also address the benefits of China imports to Africa.

    Read More

  • Importance Of International Relations Essay

    894 Words  | 4 Pages

    INTERNATIONAL RELATIONS BE A MECHANISM FOR EAST AFRICAN COMMUNITY DEVELOPMENT. FORTUNATA MULEKUZI REGISTRATION NUMBER: PG201401993 A CONCEPT NOTE SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTER OF INTERNATIONAL COOPERATION AND DEVELOPMENT OF THE UNIVERSIDADE FERNANDO PESSOA AND OPEN UNIVERSITY OF TANZANIA 2016 Background to the Problem The phenomenon international relations emerged at the beginning of the 20th century largely in the West and in particular in the United States as that country grew in power and influence. Bloomfield et al.

    Read More

  • Housing Condition In Nigeria Essay

    842 Words  | 4 Pages

    EVALUATION OF THE IMPACT OF HOUSING DEFICIT ON ARCHITECTURE: A CASE OF NIGERIA. Adeyanju I. Boluwatife Department of Architecture, University of Lagos, Akoka, Nigeria, Abstract: Nigeria faces a tremendous shortfall in housing provisions, especially in its urban areas.

    Read More

  • Essay On Chinese Culture

    1243 Words  | 5 Pages

    The traditional Chinese cultures have a development process for thousand years, now we are creating another kind of traditional culture especially under the wave of globalization. Although the form of expressing or performing the culture experienced some changes but the basic idea and belief behind rarely changed. To promote Chinese culture we would refer to the essence of Chinese wisdom so the following is actual practicing of different dimensions of Chinese traditions which show the beauty of China. The family concept is the essence of Chinese culture.

    Read More

  • Saudi Arabia Pest Analysis

    1062 Words  | 5 Pages

    4.0 Implementation 4.1 Broader perspective Globalization is affected by various factors that drive towards its existence and formation in the society and a set of these macroeconomic factors. As per this analysis we can get an overview of the current economy of the country that helps the researcher to make relevant suggestions and recommendations that can benefit the economy as well as society to make them believe and trust that the globalization enhances their behaviour and life style. PEST Analysis: Source: Visual.ly website PEST Analysis of Saudi Arabia Political environment Giddens and Griffiths (2006, p. 59) states that mainly there are three reasons why politics has become one of the main drivers of globalization.

    Read More

More about Nigeria And China Relationship Essay

Open Document