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China + Africa An exploration of the value of Sino-African trade relations.

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Presentation on theme: "China + Africa An exploration of the value of Sino-African trade relations."— Presentation transcript:

1 China + Africa An exploration of the value of Sino-African trade relations.

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3 Is this China?

4 Or is this China?

5 …or this?

6 …Maybe this?

7 …Maybe he is China?

8 All of these are China and more!

9 History of Trade Chinese artifacts found in Africa from 960 Exploration by Zheng He 1416 ◦ Visited Africa twice out of seven trips ◦ Treasure ships Treasure ships Period of isolation from 1600s until 1911

10 Why Establish Relations with Africa? Mao sought an independent China ◦ Against dominating and ‘western’ influence ◦ Assisted countries with freedom struggle ◦ TanZam Railroad United Nation vote ◦ Over one third from African countries

11 China’s Trade Policy 1. Mutual respect for each other’s territorial integrity 2. Non-aggression 3. Non-interference in each other’s internal affairs 4. Equality and mutual benefit 5. Peaceful coexistence

12 Trade policy in action

13 Successful economic reforms ◦ Household-responsibility system ◦ Four Modernizations  Agriculture  Industry  National Defense  Science & Technology Deng Xiaoping Socialism with Chinese characteristics

14 A Fast Growing China Approximate population: 1.3 billion (July 2010 est.) Fast economic growth fuels need for natural resources ◦ Oil, timber, natural gas

15 China’s Aid Investments China spurs growth in countries where traditional forms of aid aren’t willing to invest ◦ Examples: Sudan, Zimbabwe

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19 China’s Oil Safari?

20 Oil imports 1993 importing oil ◦ Tried to access recognized producers ◦ Untapped location in need of infrastructure

21 China’s oil statistics 3.5 million barrels per day (2006) 13.1 million barrels per day (2030) Africa’s oil exports ◦ China imported 9% ◦ United States imported 33% China is the second largest oil importer in the world

22 China’s other imports 2008 Worlds top consumer ◦ Timber ◦ Zinc ◦ Iron and steel ◦ Lead ◦ Aluminum ◦ Nickel ◦ Copper ◦ As well as tin, coal, cotton, and rubber.

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24 Largest exporter of oil to China

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36 Copper Mining

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58 What does it mean for the future?


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