China and Africa
Understanding the Growing Trade and Investment Relationship
China’s rise as a global economic power has had serious implications for trade and
development in Africa. China-Africa trade has grown at an enormous pace over the past
ten years with total trade between China and Africa reaching $40 billion in 2005; up from
just $10 billion in 1995. China’s growing presence in Africa is largely fueled by the need
to secure essential resources, particularly oil. China also views African countries as
strategic markets for lower-end manufactured goods and apparel and textiles exports –
often threatening domestic African manufacturers. The rising Chinese business
presence in Africa creates challenges not only for African countries but also for U.S.
companies that are active in African country markets. CCA’s China and Africa report
provides an overview of the development of China-Africa relations, the key challenges of
the trade relationship, and the opportunities for dialogue between the U.S. and Africa
and the U.S. and China on China’s growing role on the continent.
This publication is available for purchase from CCA at $10 per copy.
To purchase the report contact CCA at (202) 835 1115 or email@example.com