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The Changing Africa-China Economic Relations and African Development Jian-Ye Wang International Monetary Fund.

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Presentation on theme: "The Changing Africa-China Economic Relations and African Development Jian-Ye Wang International Monetary Fund."— Presentation transcript:

1 The Changing Africa-China Economic Relations and African Development Jian-Ye Wang International Monetary Fund

2 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.

3 Africas exports to China are soaring as its terms of trade improve (billions of US dollars)

4 China is increasingly contributing to Africas export growt h (percent of Africas total annual export growth)

5 Africa: Composition of exports (percent of total exports to selected markets)

6 Africa: Composition of imports (percent of total imports from selected countries)

7 Other two-ways flows

8


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