Chinese role in Africa has sparked much criticism, including accusations of neocolonialism and racial discrimination. As a response to such criticism, China issued the Nine Principles to Encourage and Standardise Enterprises' Overseas Investment, a charter and guide of conduct to Chinese companies operating abroad. Other criticism include the flooding of the African markets with low-cost Chinese-made products, thus harming the growth and the survival of local industries and businesses.
Chinese role in Africa has sparked much criticism including accusations of neocolonialism and racial discrimination As a response to such criticism China issued the Nine Principles to Encourage and Standardise Enterprises' Overseas Investment a charter and guide of conduct to Chinese companies operating abroad Other criticism include the flooding of the African markets with low-cost Chinese-made products thus harming the growth and the survival of local industries and businesses