New ‘Friends’ of Rwanda—Chinese Noodles and Indian Curry: An Analysis of Asian Giants’ Forays into Rwanda in the Light of Theories on OFDI
China and India, with a third of the world’s population and nearly two-rhirds of its poor, have experienced unprecedented financial growth. The greater openness of their markets and success has catapulted the ‘Asian Giants’ to the position of important players in the 21st-century economy. China and India have been establishing and strengthening economic relations in many African countries, particularly in recent years. Rwandan trade with Asia reflects vigorous vitality, with the country having managed to secure large volumes of Foreign Direct Investment (FDI). However, Chinese and Indian involvement in Rwanda is raising eyebrows and raising questions.
KeywordsForeign Direct Investment Outward Foreign Direct Investment Indian Firm Chinese Investment Asian Firm
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