Trade and Economic Relations of China with East Africa
Abstract
The article deals with China’s economic policy in East Africa. The share of Africa in China’s trade flows amounts to significant 4–5%. At the same time, for
Africa, China is the largest partner. In some years, their turnover exceeded 220 billion U.S. dollars. Total foreign direct investment flows of China into Africa
exceeded 80 billion U.S. dollars. Stages of development of China’s trade and economic links with Africa from trade links to investing in social and general
economic infrastructure, construction of ports and bases are shown. For Beijing, East Africa is a source of minerals, a market for sales of products, a
region for extension of geopolitical influence. China’s relations with Ethiopia, Sudan and South Sudan, and the policy of creating transport infrastructure
are described in more detail.
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