Tuesday, March 19, 2024 UTC

Recognized by industry leaders for extensive coverage on African Asset Management

Opinion

China-Africa Economic Cooperation Trends in the FOCAC Era

Jeremy Stevens, China Economist, Standard Bank Group
Sept. 5, 2018, 9:27 p.m.
686

Word count: 1161

When FOCAC was established in 2000 to strengthen China-African economic cooperation and trade, the rest of the world was perhaps bemused. Bilateral trade and investment was minimal and African economic prospects unpromising. China’s embrace of China – as framed by FOCAC – has ushered in exponential growth in commercial ties. Now, just 18 years later, China is Africa’s largest trade partner and bilateral trade and investment ties are growing rapidly.

Choose ONE Magazine and TWO Articles for FREE when you register an account
Share:
Registration Login
Sign in with social account
or
Lost your Password?
Registration Login
Sign in with social account
or
Registration Login
Registration