China-Africa Trade and Investment Report
1. Sino-Africa Trade
1.1Trade Scale
Sino-Africatradestarted at $12.14 million in 1950.At present,China is the largest business partner
withAfrica,andAfrica is one of the most decisive import sources of China.
During 2003 to 1H2013, Sino-Africa trade kept rising despite of slight fluctuations. In 2006 it
exceeded $50 billion for the first time. Furthermore, in 2008, $100 billion trade volume benchmark
was broke through. In2009,China becameAfricas No. 1trade partner.
Even during the slack global economic recovery in 2012, th
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