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$200 billion per yearChinese investment in Africa is significant, with China being Africa’s biggest trading partner. Sino-African trade exceeds $200 billion per year, and over 10,000 Chinese firms operate on the continent. Chinese business in Africa since 2005 amounts to more than $2 trillion, with $300 billion in current investments12.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.China is a significant source of foreign direct investment in Africa; offers development loans to resource-rich nations, like Angola; invests in agriculture; and develops special trade and economic cooperation zones in several states, including Ethiopia, Nigeria, and Zambia.www.cfr.org/backgrounder/china-africaChina is now Africa’s biggest trading partner, with Sino-African trade topping $200 billion per year. Over 10,000 Chinese firms are currently operating throughout the African continent, and the value of Chinese business there since 2005 amounts to more than $2 trillion, with $300 billion in current investments.foreignaffairs.house.gov/china-regional-snapshot-s…- People also ask
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Jun 13, 2017 · One of the top destinations for Chinese investment in Africa is Ethiopia, a mostly resource-poor country of 100m people that is pursuing Chinese-style state-led development.
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