In this paper, we examine China’s trade relations in
Africa with particular emphasis on Guinea Republic, West Africa. The study also
explores China’s involvement in the Guinean economic sector, its impacts on the
Guinean economy and the challenges these trade relations currently face. To
attain this goal, we carry out a scientific review of published literature. Using
this approach, we observed that China’s trade relations in Guinea and Africa in
general are on an upward trend where China mainly imports primary products and
Guinea finished products. We also observed that these trade agreements have
facilitated Guinea’s participation in global international markets and have
boosted the local economic growth and social development. Therefore, upscaling
of China from a mere primary products importer to finished products importer,
will go a long way to improve on the socioeconomic development and eradication
poverty in rural Africa and Guinea in particular.
Cite this paper
Tibou, L. and Hou, F. (2017). Analysis of China’s Trade Relations and Its Impacts on the Guinean Economy. Open Access Library Journal, 4, e3482. doi: http://dx.doi.org/10.4236/oalib.1103482.
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