The Changing Africa-China Economic Relations and African Development

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Edmundmb favorited this 4 months ago
Tags economic relations and changing african the africachina development

The Changing Africa-China Economic Relations and African Development Jian-Ye Wang International Monetary Fund
- The Africa-China economic ties are changing
- The recent developments reflect a structural shift in international trade and finance
- Growth in Africa has picked up, owing importantly to expanded trade and foreign investment
- China’s rural development experience and African development.
Africa’s exports to China are soaring as its terms of trade improve (billions of US dollars)
China is increasingly contributing to Africa’s export growt h (percent of Africa’s total annual export growth)
Africa: Composition of exports (percent of total exports to selected markets)
Africa: Composition of imports (percent of total imports from selected countries)
Other two-ways flows