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Vol 4 (AAC) No 3

Published 1st January 2011


Top in trade and investment

Confirming its status as Africa’s biggest trading partner, Beijing is taking on new diplomatic initiatives that may herald an eventual end to ‘non-interference’

Standing at US$114.8 billion in November 2010, China-Africa trade has bounced back faster than most of Africa’s other foreign trade since the 2008 global financial slowdown. China is now marking its second year as Africa’s biggest trading partner after overtaking the United States in January 2010. China-in-Africa fits into the wider picture of China’s rise: bailing out weakened European economies, the building of a muscular military infrastructure and the Beijing government’s available, but unused, leverage to resolve global conflicts from North Korea to Sudan.

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