adminBEIJING. — China-Africa trade totalled more than $200 billion last year, Chinese President Xi Jinping said yesterday, highlighting the Asian powerhouse’s burgeoning trade and investment ties with the continent.
“In 2013, Chinese-African trade surpassed the $200 billion mark for the first time, making China Africa’s biggest trading partner,” Xi told visiting Senegalese President Macky Sall, adding that Chinese direct investment in Africa grew 44 percent.
“That all stands witness to the endlessly renewed vitality of Sino-African friendship, to the scale of the potential for co-operation and the excellent outlook for the new kind of Sino-African strategic partnership,” Xi said at Beijing’s Great Hall of the People. Xi did not give an exact total.
But China-Africa trade has boomed in line with the Asian country’s rise to become the world’s second-biggest economy. — AFP.
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