TITLE:
An Assessment of Nigerians Perception towards Chinese Foreign Direct Investments and Its Acceptability in Nigeria
AUTHORS:
Sunday Adiyoh Imanche, Tian Ze, Moses Chia Ayom, S. G. Dalibi
KEYWORDS:
China, Perception, FDI, Acceptability, Nigeria
JOURNAL NAME:
Open Journal of Business and Management,
Vol.9 No.3,
May
17,
2021
ABSTRACT: Perceptions play a critical role in international affairs. Politicians
must be able to consider and forecast both challenges and opportunities. Public
opinion has the power to change the course of politics. As the world becomes
more interconnected, it’s critical to comprehend how China is perceived and how
this affects China’s global effect. Although it only makes up a small part of
overall Chinese OFDI, this investment class has recently drawn interest because
of its sectoral and geographic diversification. Nigeria has been one of China’s
top 40 trading partners for more than five decades. For some time, it has been
the leading African investment destination for Chinese investment in the
continent. The pursuit of multilateral agreements has a significant effect on
how countries engage in the political and economic realm. This study used both
quantitative and qualitative methods. The study adopted simple random sampling
techniques to allow for equal and unbiased respondents’ participation in the
primary data collection. The response scale was base on a 1 - 5 points Likert scale. Secondary data was sourced
from archival materials, published books or scholarly works, the internet,
international organization official documents, journals, press releases,
newspapers. The overall research accepts the study’s alternative hypothesis,
which shows that perhaps the ten outlined perceptions of Nigerians towards
Chinese FDIs and its acceptability are heavily
influenced by the success of FDI by Chinese investors and businesses in
Nigeria’s market climate. The importance and positive outcomes of such FDI are
heavily reliant on Nigerian perceptions of Chinese FDI and their acceptability
and the investment target region.