CHINESE ‘DOLLAR’ INFLUENCEIN AFRICA, IMPLICATION FOR TAIWAN-NIGERIA TIES

Abstract

The dawn of the twenty-first century begun at a time when the global population rises to over 7.2 billion people out of which Asia and Africa account for more than 60 percent of the entire figure. The China’s rapidly growing economy since 1970s, and the nature of exporting its end-goods to the global markets including in Africa coupled with the large investments in multiple sectors throughout the region confirm Sino-Africa mutual closeness in terms of trade pattern. This study aims at exploring how hardest the severance from Nigeria could generally affect Taiwan-Africa relations at a larger scale. It nevertheless, proposes to examine how much authentic the afterthought that democracies don’t go to war,is, and whether if they go to diplomatic bust-up for economic reasons. This study concludes that the leading forces behind the Nigeria’s abrupt changing attitude towards Taiwan is China’s dollar influence. It also finalizes that the Afro-Taiwan political and diplomatic dancingmay have so much impacts on Taiwan sovereignty at the international level.