Relations between Africa and China have increased over the year and become more dominated by China’s economic interests. With an annual growth rate of 8-9 per cent , and a booming economy, China’s dependency on accessing natural resources is a top priority and has accordingly expanded its horizons. Africa, with all its seemingly unlimited natural resources, is an ideal partner. In addition, the African continent as a whole offers a potential market for china’s low value manufactured commodities. This paper is an attempt to present an overview of contemporary Sino-Africa relations and the state of trade relation, with special emphasis on natural resources and the export market for Chinese Products and investment in Africa.
Africa and China: A Strategic Partnership?
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Relations between Africa and China have increased over the year and become more dominated by China’s economic interests. With an annual growth rate of 8-9 per cent , and a booming economy, China’s dependency on accessing natural resources is a top priority and has accordingly expanded its horizons. Africa, with all its seemingly unlimited natural resources, is an ideal partner. In addition, the African continent as a whole offers a potential market for china’s low value manufactured commodities. This paper is an attempt to present an overview of contemporary Sino-Africa relations and the state of trade relation, with special emphasis on natural resources and the export market for Chinese Products and investment in Africa.
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