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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.
The People's Republic of China and Africa. Economic relations between China and Africa, one part of more general Africa–China relations, began in the 7th century and continue through the present day. Currently, China seeks resources for its growing consumption, and African countries seek funds to develop their infrastructure.
In 1992, trade between China and South Africa amounted to US$14 million, but by the time the two countries had established relations in 1998, this had swelled to US$1.4 billion. [17]: 182 By 2010 trade between the two countries had increased to US$25.6 billion with imports from South Africa reaching US$14.8 billion. Cross country investment had ...
China is enjoying its “best in history” ties with African nations, leader Xi Jinping said on Thursday, as he pledged $50 billion in financial support for the continent in addition to military aid.
BEIJING (Reuters) -South African President Cyril Ramaphosa told China's Xi Jinping on Monday he wanted to narrow his country's trade deficit with Beijing, days before the Chinese leader is due to ...
Africa secured more than $10 billion in loans a year from China between 2012-2018, thanks to President Xi Jinping's Belt and Road Initiative (BRI), but the lending fell precipitously from the ...
All trading partners are considered important to the development of the Chinese economy, however the title of China's largest partners are ever-changing due to national and international policy changes. The expansion of the Chinese economy grew 6.8% the last quarter of 2017, equaling the growth of the prior 3 months exceeding expectations of 6.7%.
JOHANNESBURG (Reuters) -China's leader Xi Jinping told African leaders at a meeting on the sidelines of the BRICS summit on Thursday that China would launch initiatives to support Africa's ...