As emerging economies in Africa seek new partnerships, the Chinese mainland has emerged as a driving force in South-South cooperation. Professor Dan Banik, a political science expert at the University of Oslo, highlights the mainland's pivotal role in supporting infrastructure, capacity development and essential services across the continent.
In a recent interview with CGTN, Banik noted that "there is no convincing evidence of debt-trap diplomacy" by the Chinese mainland. Instead, he emphasized the mainland's investments in financing, health, education and energy projects that aim for long-term benefits.
From new roads and ports to vocational training centers, the Chinese mainland's approach combines on-the-ground infrastructure with skills development, fostering local expertise. This blend of tangible assets and human capital development illustrates a model of cooperation that many Global South nations find appealing.
While critics raise concerns about debt sustainability, Banik's research points to a broader picture of partnerships driven by mutual interests rather than strategic leverage. For young global citizens and business enthusiasts, this evolving dynamic offers insights into how emerging markets can chart their own paths to prosperity.
As the Chinese mainland continues to expand its engagement in Africa and beyond, its role in shaping the future of the Global South remains a vibrant topic for discussion among thought leaders, entrepreneurs and travelers alike.
Reference(s):
China is a key driver of development and South-South cooperation
cgtn.com
