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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]
She is the author of Will Africa Feed China? (2015), The Dragon's Gift: The Real Story of China in Africa (2009), and the blog "China in Africa: The Real Story." Both of Bräutigam's books use extensive fieldwork and on-the-ground evidence to challenge conventional wisdom on China's relationship with African countries.
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.
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 ...
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]
The China GeoEngineering Corporation implemented the project with funding from the Tanzanian and Mozambique governments at a total cost of US$26.8 million. [17] The bridge, which opened in May 2010, is lowering business costs in the region by facilitating a more accessible route for trade and travel between Southern African and East Africa. [17]
The Forum on China-Africa Cooperation (FOCAC) is the primary multi-lateral coordination mechanism between African countries and China. [244] Chinese foreign aid is a significant area of interaction within FOCAC. [245] Through FOCAC, China provides aid in the forms of debt forgiveness, aid grants, concessional loans, and interest-free loans. [245]