Business Relations Between China and Africa - Trade and Investment in Africa

The forum statistics showed that China has investedanalysts are worried about the panel's decision, as
nearly 1 billion USD since 2000. The ministers fromthis could pose threats to elephants. Other top
both sides decided to further strengthen theirenvironmental groups claim that China is yet to
relationship on both economical and political grounds.regulate the ivory trade properly. However, the
The trade meetings have been fruitful so far, andChinese government dismissed the claim and said it
have improved their relationship in many ways. Tophas taken all the steps to eradicate illegal business,
Chinese ministers and political advisors have beenand have improved its enforcement of the ivory
frequently visiting the African countries to build trust,trade.
and to understand its culture and economy. LastOn the other side the African counterpart too has
year, foreign minister Li Zhaoxing visited four majorsomething to show. The growth of Africa's exports
countries in Africa, and shared his views with itsto China has been steadily rising since 1992. Though
presidents.the growth was moderate till 98, after that there
This year the Sino-African trade saw some newhas been a sharp increase in the exports.
dimensions: agricultural deals; ivory trade; car sales;With China playing a significant role in Africa's
stakes and more. As both these countries are rich indevelopment, the human rights, on the other hand
agricultural resources, China has major investmentsquestions this act. Analyst Chen-Shen-Yen points that
plans to enhance the agricultural trade. Since 1960,'China needs energy from Africa'. And others agree
China has played effective roles to uplift Africa's agrowith this. Some of them believe that China's strong
technology - by sending in 10,000 technicians to trainconnection with Africa might be a threat to the
African farmers, and introducing innovative programswestern countries, which relies on the continent's rich
like large-scale farming, hybrid rice harvesting, andraw materials. Many researchers believe this could be
layers farming. With many other agendas in hand, it isthe race for raw materials. Africa is still rich in this;
said that Agriculture will be one of the top priorities.China is growing rapidly, and it needs resources to
To make this happen, recently Chinese delegatesquench its economic thirst. Oil - is one of the prime
announced that they have allotted $5 billion USD toraw materials. Nigeria and Sudan are known for its oil
improve the agricultural production in many Africanproductions. When China supported the Sudanese
countries. They said this would also decreasegovernment, the human rights were quick to point
unemployment and poverty, and will encourageand criticize the move because of the violence in
agricultural growth.Darfur region.
Though China's trade with Africa has been there forWith lots of plans and promises, the two nations
over fifty years, its magnanimous hand is still undercontinue to maintain its economic relationship. The
scrutiny. The recent ivory trade is one among them.skeptical onlookers still mull over to find the real
In July, 2008, a panel supported the idea of allowingmotive. Amidst all these hot debates the two
China to participate in the ivory trade. Keeping thecountries continue to shake hands.
sensitive nature of the business in mind, many