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<article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:ali="http://www.niso.org/schemas/ali/1.0/" article-type="research-article" dtd-version="1.2" xml:lang="en"><front><journal-meta><journal-id journal-id-type="publisher-id">RUDN Journal of Economics</journal-id><journal-title-group><journal-title xml:lang="en">RUDN Journal of Economics</journal-title><trans-title-group xml:lang="ru"><trans-title>Вестник Российского университета дружбы народов. Серия: Экономика</trans-title></trans-title-group></journal-title-group><issn publication-format="print">2313-2329</issn><issn publication-format="electronic">2408-8986</issn><publisher><publisher-name xml:lang="en">Peoples’ Friendship University of Russia named after Patrice Lumumba (RUDN University)</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="publisher-id">30109</article-id><article-id pub-id-type="doi">10.22363/2313-2329-2021-29-4-796-805</article-id><article-categories><subj-group subj-group-type="toc-heading" xml:lang="en"><subject>INTERNATIONAL CAPITAL MOVEMENT</subject></subj-group><subj-group subj-group-type="toc-heading" xml:lang="ru"><subject>МЕЖДУНАРОДНОЕ ДВИЖЕНИЕ КАПИТАЛА</subject></subj-group><subj-group subj-group-type="article-type"><subject>Research Article</subject></subj-group></article-categories><title-group><article-title xml:lang="en">The Chinese foreign direct investment to Sub-Sahara Africa</article-title><trans-title-group xml:lang="ru"><trans-title>Прямые иностранные инвестиции Китая в страны Африки к югу от Сахары</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author"><name-alternatives><name xml:lang="en"><surname>Michael</surname><given-names>M.</given-names></name><name xml:lang="ru"><surname>Майкл</surname><given-names>Мадоджему</given-names></name></name-alternatives><bio xml:lang="en"><p>postgraduate student, Department of International Economic Relations (World Economy), Peoples’ Friendship University of Russia (RUDN University); part time lecturer, Ambrose Alli University</p></bio><bio xml:lang="ru"><p>аспирант, кафедра международных экономических отношений, экономический факультет, Российский университет дружбы народов; преподаватель, Университет Амброуза Алли</p></bio><email>agomado@inbox.ru</email><xref ref-type="aff" rid="aff1"/><xref ref-type="aff" rid="aff2"/></contrib><contrib contrib-type="author"><name-alternatives><name xml:lang="en"><surname>Glory</surname><given-names>E. O.</given-names></name><name xml:lang="ru"><surname>Глоги</surname><given-names>Эхичиоя Отоекпашян</given-names></name></name-alternatives><bio xml:lang="en"><p>PhD, senior lecturer</p></bio><bio xml:lang="ru"><p>доктор философии, старший преподаватель</p></bio><email>ehichioyaotorkpashanglory@gmail.com</email><xref ref-type="aff" rid="aff2"/></contrib><contrib contrib-type="author"><name-alternatives><name xml:lang="en"><surname>Sylvester</surname><given-names>O.</given-names></name><name xml:lang="ru"><surname>Сильвестр</surname><given-names>Оби</given-names></name></name-alternatives><bio xml:lang="en"><p>postgraduate student, Department of General History</p></bio><bio xml:lang="ru"><p>аспирант, кафедра всеобщей истории</p></bio><email>fabiofreed@yahoo.com</email><xref ref-type="aff" rid="aff1"/></contrib><contrib contrib-type="author"><name-alternatives><name xml:lang="en"><surname>Daniel</surname><given-names>O. T.</given-names></name><name xml:lang="ru"><surname>Дэниел</surname><given-names>Оланреваджу Темидайо</given-names></name></name-alternatives><bio xml:lang="en"><p>master student, Department of Civil Law</p></bio><bio xml:lang="ru"><p>магистрант, кафедра гражданского права</p></bio><email>dtemidayo@mail.ru</email><xref ref-type="aff" rid="aff3"/></contrib></contrib-group><aff-alternatives id="aff1"><aff><institution xml:lang="en">Peoples’ Friendship University of Russia (RUDN University)</institution></aff><aff><institution xml:lang="ru">Российский университет дружбы народов</institution></aff></aff-alternatives><aff-alternatives id="aff2"><aff><institution xml:lang="en">Ambrose Alli University</institution></aff><aff><institution xml:lang="ru">Университет Амброуза Алли</institution></aff></aff-alternatives><aff-alternatives id="aff3"><aff><institution xml:lang="en">Synergy University</institution></aff><aff><institution xml:lang="ru">Университет «Синергия»</institution></aff></aff-alternatives><pub-date date-type="pub" iso-8601-date="2021-12-30" publication-format="electronic"><day>30</day><month>12</month><year>2021</year></pub-date><volume>29</volume><issue>4</issue><issue-title xml:lang="en">VOL 29, NO4 (2021)</issue-title><issue-title xml:lang="ru">ТОМ 29, №4 (2021)</issue-title><fpage>796</fpage><lpage>805</lpage><history><date date-type="received" iso-8601-date="2022-01-26"><day>26</day><month>01</month><year>2022</year></date></history><permissions><copyright-statement xml:lang="en">Copyright ©; 2021, Michael M., Glory E.O., Sylvester O., Daniel O.T.</copyright-statement><copyright-statement xml:lang="ru">Copyright ©; 2021, Майкл М., Глоги Э.О., Сильвестр О., Дэниел О.Т.</copyright-statement><copyright-year>2021</copyright-year><copyright-holder xml:lang="en">Michael M., Glory E.O., Sylvester O., Daniel O.T.</copyright-holder><copyright-holder xml:lang="ru">Майкл М., Глоги Э.О., Сильвестр О., Дэниел О.Т.</copyright-holder><ali:free_to_read xmlns:ali="http://www.niso.org/schemas/ali/1.0/"/><license><ali:license_ref xmlns:ali="http://www.niso.org/schemas/ali/1.0/">http://creativecommons.org/licenses/by/4.0</ali:license_ref></license></permissions><self-uri xlink:href="https://journals.rudn.ru/economics/article/view/30109">https://journals.rudn.ru/economics/article/view/30109</self-uri><abstract xml:lang="en"><p style="text-align: justify;">The increasing investment of China in the Sub-Sahara Africa (SSA) has continued to add value to the continent of Africa. The Chinese investment has served as growth and developmental mechanism and finance sources for viable projects. The effect of China in Sub-Sahara Africa and Africa economies in generally on different dimensions, depending on the nature of the attractiveness of foreign direct investment (FDI) and factor of production of each country. The increased of China FDI inflows to SSA has generated much important gained to the continent of African economies. The authors analyze the FDI, determinants, merits and policy implications necessary to stimulate and accelerate more FDI from China and other countries of the world. In doing this, the SSA countries must have policy direction towards business friendly that would attract more investment and also protect foreign investors against expropriation.</p></abstract><trans-abstract xml:lang="ru"><p style="text-align: justify;">Увеличение инвестиций Китая в Африку к югу от Сахары по-прежнему повышает ценность Африканского континента. Китайские инвестиции служат механизмом роста и развития, а также источником финансирования жизнеспособных проектов. Влияние Китая в странах Африки к югу от Сахары и в странах Африки в целом разнится в зависимости от характера привлекательности прямых иностранных инвестиций (ПИИ) и факторов производства каждой страны. Увеличение притока ПИИ из Китая в Африку к югу от Сахары внесло значительный вклад в экономику Африканского континента. Исследование посвящено анализу ПИИ, их преимуществ и политических последствий, детерминант, необходимых для стимулирования и ускорения роста ПИИ из Китая и других стран мира. При этом страны Африки к югу от Сахары должны проводить политику, направленную на создание благоприятных условий для бизнеса, которые привлекали бы больше инвестиций, а также защищали иностранных инвесторов от экспроприации.</p></trans-abstract><kwd-group xml:lang="en"><kwd>China</kwd><kwd>foreign direct investment</kwd><kwd>FDI</kwd><kwd>Sub-Sahara Africa</kwd><kwd>SSA</kwd></kwd-group><kwd-group xml:lang="ru"><kwd>Китай</kwd><kwd>прямые иностранные инвестиции</kwd><kwd>ПИИ</kwd><kwd>Страны Африки к югу от Сахары</kwd></kwd-group><funding-group/></article-meta></front><body></body><back><ref-list><ref id="B1"><label>1.</label><mixed-citation>Agwu, M.E. (2014). Foreign direct investments: A review from the Nigerian Perspective. Research Journal of Business and Management, (1(3)), 318-337</mixed-citation></ref><ref id="B2"><label>2.</label><mixed-citation>Asiedu, E. (2003). Capital controls and foreign direct investment. 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