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Trade between China and Africa largely grew exponentially following China's joining of the World Trade Organization (WTO) and the opening up of China to emigration (of Chinese people to Africa) and the free movement of companies, peoples, and products both to and from the African continent starting from the early 2000 onwards.
Sino–African relations, also referred to as Africa–China relations or Afro–Chinese relations, are the historical, political, economic, military, social, and cultural connections between China and the African continent. Little is known about ancient relations between China and Africa, though there is some evidence of early trade connections.
China's leadership is relying on an export surge to revive slumping growth, but those policies won't extract the world's second largest economy from the malaise that it's in, a top China watcher said.
After China's property market bubble burst a few years ago, consumers became reluctant to spend and signs of deflation began creeping in. But due in part to its disdain for "welfarism," China has ...
China’s economy slowed in the summer as global demand for its exports faltered and the ailing property sector sank deeper into crisis, the government said Wednesday. The Chinese government has ...
The Forum on China–Africa Cooperation (FOCAC) (simplified Chinese: 中非合作论坛; traditional Chinese: 中非合作論壇; pinyin: Zhōng Fēi hézuò lùntán; French: Forum sur la coopération sino-africaine) is an official forum between the People's Republic of China and all states in Africa with the exception of the Kingdom of Eswatini. [1]
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The economy of the People's Republic of China is a developing mixed socialist market economy, incorporating industrial policies and strategic five-year plans. [29] China is the world's second largest economy by nominal GDP and since 2017 has been the world's largest economy when measured by purchasing power parity (PPP).