Presentation on theme: "The Changing Africa-China Economic Relations and African Development Jian-Ye Wang International Monetary Fund."— Presentation transcript:
The Changing Africa-China Economic Relations and African Development Jian-Ye Wang International Monetary Fund
The Africa-China economic ties are changing The recent developments reflect a structural shift in international trade and finance Growth in Africa has picked up, owing importantly to expanded trade and foreign investment Chinas rural development experience and African development.
Africas exports to China are soaring as its terms of trade improve (billions of US dollars)
China is increasingly contributing to Africas export growt h (percent of Africas total annual export growth)
Africa: Composition of exports (percent of total exports to selected markets)
Africa: Composition of imports (percent of total imports from selected countries)