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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 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.
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]
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 ...
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.
An indication of the importance China attaches to its economic relationship with Ghana in the West African region was the decision to open the fourth office of the China-Africa Development Fund in Accra. Opened in November 2011 the office in Ghana focuses on the West African region for the fund. [9]
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]
Trade between China and Uganda has also increased under Museveni's presidency. Even within the last 10 years, the amount of trade between the two nations has more than quadrupled, from around $230 million in 2008 to over $1 billion in 2018. [2] The majority of this trade is Chinese exports to Uganda, which account for about $850 million in trade.