Map of the Chinese conquest of Africa
In 2000 China was the main source of import for only a few African countries: Sudan, Gambia, Benin and Djibouti, but as Statista's Martin Armstrong shows in the infographic below, 20 years later the Asian superpower is now the main supplier of goods for over 30 countries on the continent
As reported by Statista's research expert for Angola, Kenya and Tanzania, Julia Faria: “ The value of Chinese exports to African countries has risen from five billion US dollars to 110 billion” . It's not just a one-way street, however: “ African exports to China have also increased, albeit at a slower pace. In 2020, the total value of exports to China reached nearly US$62 billion, a slowdown caused by the Covid-19 pandemic. China's growing demand for raw materials has found a strong supplier in Africa, with exports valued at around US$14 billion in 2020. ” Far beyond being a mere trading relationship, China has been the largest foreign investor in Africa for several years now. Furthermore, the country was the source of 25% of infrastructure funding on the continent in 2018, the second-highest share that year and only second to financial pledges by African national governments.
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The article The Map of the Chinese Conquest of Africa comes from Scenarios Economics .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/la-mappa-della-conquista-cinese-dellafrica/ on Thu, 26 Jan 2023 16:44:04 +0000.