How China is Challenging America's Competitiveness in Africa
China and India’s increasing economic presence in Africa, Europe’s deep roots in African economies, and Japanese business acumen constitute formidable challenges to American competitiveness in Africa, note Arthur Gerstenfeld, professor of management at WPI, and Raphael J. Njoroge, a professor in the Colleges of Worcester Consortium and a research associate at WPI, in an article in the Spring 2007 issue of Africa Journal.
The article examines China’s growing role as an economic power in Africa, where Chinese entities are now major consumers of energy and natural resources, important suppliers and purchasers of goods, and influential investors. These rapidly moving developments are of great concern to policy makers in the United States. And no wonder--as the authors note, "The rate of increase in Sino-African trade could see China threatening the United States' predominant position in the next period."
Gerstenfeld, who helped found WPI's project centers in Namibia and on Wall Street, also founded the university's annual U.S.-Aftrica Business Confernce. He and Njoroge are authors of the 2005 book, Africa: The Next Decade.
Read the Gerstenfeld/Njoroge Africa Journal article, "American Competitiveness in Africa: Challenges from China and Others Call For Rebranding Efforts." href="#"
September 4, 2007