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A Historical Contextualization of Sino-nigerian Economic Relations, 1971- 2012

Year: 2018

Type: article

Abstract: The study examined the economic relations between Nigeria and China. It investigated how Chinese firms contributed to the development of the Nigerian economy. This was done against the backdrop of the massive investment of China in the Nigerian economy. The study relied heavily on documentary data. The documentary data were however subjected to internal and external criticisms as well as textual and contextual analysis for authentication. The study found out that the Nigerian state, in its quest to buy goods and attract investments from Chinese investors, has ended up having a massive and unfavourable balance of trade deficit. The implications of these are increase in the nation’s unemployment level, dependence on the Chinese economy and lack of technological knowhow which has been partly the reason for its stagnated economy. Article visualizations:

Source: European Journal of Economic and Financial Research

DOI: 10.46827/ejefr.v0i0.360

Authors: Johnson Olaosebikan Aremu, William Abiodun Duyile

Institutions: Meru University of Science and Technology, Ekiti State University

Language: English

Topic: International Development and Aid

Subfield: Development

Field: Social Sciences

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: diamond

OpenAlex ID: W2803433108

FWCI:

Cites:

Cited by: 1

Related to: 10