Abstract
This paper investigates Chinese Commercial Diplomacy and investment in Nigeria. The paper shows that Commercial Diplomacy is a movement led by state delegates with political status in perspective on business advancement between a home and a host nation. The study employed qualitative research techniques whereby none of the present literature focuses on validating the findings quantitatively. The findings of the study revealed that China-Africa trade 2018 was $185 bn, up from $155 bn in 2017. In 2018, the biggest exporter to China from Africa was Angola, trailed by South Africa and the Republic of Congo, South Africa was the biggest purchaser of Chinese merchandise, trailed by Nigeria and Egypt. China's FDI in Africa is firmly connected to trade and improvement help. FDI has expanded in the course of recent years couple with expanded Sino-African trade, in spite of the fact that China's FDI to Africa stays minor as far as China's all out outward FDI flows (0.2% in 1991 and 5.9% in 2007) and all out FDI got by Africa from the remainder of the world (3% in 2007). The study concludes that Nigeria-China bilateral trade Nigeria-China two-sided trade has stayed low particularly before the consenting to two-sided trade arrangement. The study recommends that China needs to adjust its policies to assuage concerns of Nigeria and put the Sino-African relationship on a more balanced footing and legislature should attempt to draw in remote ventures from China to segments.
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