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This chapter focusses on the challenges and opportunities provided by Asia’s rapid emergence as a player in developing countries, mainly on China’s Africa policy. We will also analyse how other players, and in particular Korea, which is the only country having made a transition from least developed country (LDC) to OECD-Development Assistance Committee (DAC) donor, influence this global paradigm shift for development policy. The focus will be less on power politics, but will analyse the specific features of East Asian countries’ engagement in Africa and more broadly their philosophy regarding development and how this contrasts with and affects development policy and thinking in the EU, the world’s largest donor of ODA and so far main trading partner of Africa. Cooperation and competition are the defining issues of this new paradigm. Issues related to perceptions and historical baggage (colonialism) will be highlighted alongside more realist considerations (Africa’s choices of competing suitors, intra-Asian competition for access to resources and markets) and liberal considerations (G20 development agenda, changing aid effectiveness agenda with Busan HLF, trilateral cooperation). These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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