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Sino–African relations, also referred to as Africa–China relations or Afro–Chinese relations, are the historical, political, economic, military, social, and cultural connections between China and the African continent. Little is known about ancient relations between China and Africa, though there is some evidence of early trade connections.
A 1 billion U.S. dollar special loan for small and medium-sized African businesses was also established. China also announced eight new policy measures aimed at strengthening relations with Africa that were "more focused on improving people's livelihoods". [11] Wen announced that China will write off the debt of some of the poorest African nations.
Today, the presence of diamonds, gold, silver, uranium, cobalt and large oil reserves have brought Africa to the forefront of industrial development, with many of the world's economic powers building relations with Africa's resource rich nations. As of 2008, the entire GDP of Africa was about $1.2 trillion. [30]
When China Met Africa was released on DVD internationally in October 2011 [23] The film continues to be screened around the world and has played at major institutions as part of events dealing with Sino-African relations, including Columbia University, [24] London School of Economics, [25] The Smithsonian Institution and The Foreign Policy ...
China's bilateral relationship with Ethiopia is one of its most prioritized in Africa and China believes Ethiopia is particularly significant in peace and security within east Africa. [3]: 109 Relations are longstanding, with Chinese direct investment (FDI) in Ethiopia reaching US$4 billion and bilateral trade growing to $5.4 billion by 2016-2018.
Embassy of South Africa in China. Official relations between the PRC and South Africa were established on January 1, 1998. [2]: 349 The dismantling of the apartheid regime in South Africa and the fall of the Soviet Union in the early 1990s opened up the possibility of official relations being established between the PRC and South Africa.
The second phase of the Zambian-Sino relationship from 1979 to 1999 saw significant economic and political changes in the African continent. Zambia in the early 1990s, implemented a multiparty democratic system whereas in China there was a recovery period from economic and social challenges due to the Cultural Revolution, followed by the Open ...
In 1980, the total Sino-African trade volume was US$1 billion. By 1999, it had reached US$6.5 billion. [253] By 2005, the total Sino-African trade had reached US$39.7 billion before it jumped to US$55 billion in 2006, making China the second largest trading partner of Africa after the U.S., which had trade worth US$91 billion with African nations.