The relationship between China and Africa is becoming deeper and more friendly. Chinese President Xi Jinping has pledged $51 billion to upgrade diplomatic ties with Africa.
The commitment, made at a summit in Beijing in early September, aims to increase loans, investment and aid to the continent over the next three years as well as improve diplomatic ties.
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China has had close relations with African countries for many years, and it is constantly growing stronger. Various measures taken by China have further promoted this relationship.
Chinese ministers frequently visit African countries, often more than once a year, continuously working to strengthen their connections.
This growing relationship between China and Africa has sparked interest globally, with many wondering about China’s motivations.
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China’s relationship with Africa is both strategic and economic. Whether it’s gaining votes at the United Nations, securing better access to resources, or promoting the international use of its currency, China’s diplomatic ties with Africa support its ambition to be a major player in a multipolar world.
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Another reason for China’s focus on improving relations with Africa could be the continent’s rapidly growing population.
China sees Africa as a potential large market in the future and it hopes to profit from investments made now. This likely one of the key reasons China is maintaining these ties.
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A significant portion of China’s imports from Africa consists of natural resources. Many of these resources are strategically important for example, in the production of batteries.
In return Chinese companies export a wide range of goods to Africa including manufactured goods, industrial and agricultural machinery, and vehicles.