Asia - Voice of America: China Trade, Investment Grows in Africa

Asia - Voice of America asia

China Trade, Investment Grows in Africa Aug 1st 2012, 18:51 Hillary Clinton's visit to Africa this week comes against a background of rapidly rising Chinese trade and investment with the continent. Analysts say a major goal of the U.S. secretary of state's trip is to make sure the United States is not left behind in the competition for trade and influence. China surpassed the United States in 2009 to become Africa's largest trading partner, and the volume of trade has continued to rise dramatically. The two-way exchange was valued at $160 billion last ... Media files: AF790AFC-7E33-4C31-AAB6-D8103CCD4E9A_cx0_cy0_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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