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(Pro) A2: Europe Joining Reduces China’s Investment in Africa

Africa doesn’t need China’s investment, it has Europe’s investment

Garcia Herald, 7-22, 19, https://bruegel.org/2019/07/chinas-investment-in-africa-what-the-data-really-says-and-the-implications-for-europe/, What the data really says, and the implications for Europe

That said, China’s investment in Africa is still at the early stages compared with that of key European countries that have a colonial past in Africa, especially France and the UK. Chart 4 shows that the FDI stocks sourced respectively from the UK and France into Africa are each still larger than the stock sourced from China. The Netherlands also rose to second-top by 2017, which may be explained by the rerouting of investment flows from other countries, but is still consistent with the facts that Europe is a key investor in Africa.

China’s investment in Africa doesn’t reduce poverty because it is low wage

Garcia Herald, 7-22, 19, https://bruegel.org/2019/07/chinas-investment-in-africa-what-the-data-really-says-and-the-implications-for-europe/, What the data really says, and the implications for Europe

This, in itself, could be

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