CGTN America
Published on May 9, 2018
The needs in Africa are many. Among them: infrastructure, jobs and trade. Critics said the West has neglected the continent, either dismissing it as hopelessly mismanaged, or simply engaging for its resources or security and defense advantages. Enter China – From a low of $10 billion in 2000, Beijing’s trade with Africa reached $220 billion just 14 years later, making it the continent’s largest trading partner. By contrast, trade between the United States and Africa has fallen from a high of $100 billion in 2008 to $39 billion last year.