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Vol 5 (AAC) No 3

Published 1st January 2012


The year of the dragon, again

China’s trade with Africa has overtaken the USA’s trade with the continent and will soon rival that of the European Union

Officials are building up expectations for the fifth Forum on China-Africa Cooperation (FOCAC V), which Beijing will host in the last quarter of this year. The showpiece summit, which began in 2000 and has been held every three years since, now returns in the year of the dragon – which will be doubtlessly trumpeted as auspicious for China-Africa relations. FOCAC V will fall in a busy season for Beijing, as it completes its long-gestating leadership transition at the 18th Communist Party Congress. Stability – both at home and in terms of relations with its African partners – will remain a priority.

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