ABSTRACT
The expansion of Chinese political and corporate interests into Africa is arguably the most important development for the continent since the end of the Cold War. Official trade figures alone bear testimony to the exponential speed with which the Chinese presence in Africa has grown in recent times. China is now Africa's second largest bilateral trading partner, behind the USA, but ahead of both France and the United Kingdom, despite the latter two's historic and long-standing relations with the continent. Published trade figures are indicative of this massive surge in Chinese economic interest in Africa. In 1996, the value of China's trade with Africa was US $4,000m.; by 2008, this had grown to $106,700m.
