“The total trade volume between China and Africa hit a record high of 166.3 billion US dollars in 2011, compared to only 10 billion in 2000. By April this year, China’s total direct investment in Africa reached 15.3 billion US dollars, about 30 times the figure ten years ago.  More than 2000 Chinese enterprises have their investments or businesses in 50 African countries. The coordination in international affairs between China and Africa has been much closer, with the aim of upholding the common interests of developing countries and establishing the new international political and economic order.”

http://www.the-star.co.ke/opinions/others/90419-chinas-strategy-in-africa-benefits-both

Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Donate via Installed Wallet Copy