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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.
China surpassed the US in 2009 to become Africa's largest trading partner. Bilateral trade agreements have been signed between China and 40 countries of the continent. In 2000, China Africa Trade amounted to $10 billion and by 2014, it had grown to $220 billion. [3] As of 2024, Africa makes up less than 5% of China's global trade. [4]
In 2010, trade between Africa and China was worth US$114 billion and in 2011, US$166.3 billion. [255] In the first 10 months of 2012 it was US$163.9 billion. [255] There are an estimated 800 Chinese corporations doing business in Africa, most of which are private companies investing in the infrastructure, energy and banking sectors. [256]
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. Before ...
Between 2000 and 2014, China provided over $12 billion in loan finance (usually tied to infrastructure projects undertaken by Chinese firms). [ citation needed ] There is growing Chinese investment in the Ethiopian economy, while imports of cheap consumer goods from China ($3.4 billion in 2015) greatly exceeding exports from Ethiopia to China ...
[1]: 345 Chinese government personnel left Ghana in November 1966. [1]: 345 Ghana and China restored diplomatic relations in January 1972. [1]: 345 In the early 1990s, China built Ghana's National Theatre as a reward for Ghana's diplomatic support following the 1989 Tiananmen Square protests and massacre. After Kufuor was elected president of ...
In 2010, trade between the two countries was worth US$7.8 billion. [26] In 2011, Nigeria was the 4th largest trading partner of China in Africa and in the first 8 months of 2012, it was the 3rd. [27] In April 2018, Nigeria signed a $2.4-billion currency swap deal valid for 3 years. [28]
South Africa has had trade ties with Hong Kong from the time when it was under British administration, and it did not recognise the People's Republic of China, instead recognising the Republic of China on Taiwan. [4] At the time, South Africa was under apartheid, but it encouraged trade and investment from Hong Kong as well as Japan. [5]