Friday, August 10, 2012

China vs. the US in Africa: Who's 'Winning?'

In 2011 Africa-China bilateral trade reached US$166 billion, an increase of 300 percent over 2006 figures and China's direct investments in Africa are now nearly US$15 billion.

The Government of China is estimated to maintain over 150 commercial attachés and associated staff at its embassies in 48 African countries, while “according to a recent report produced by the Brooking Institution’s Africa Growth Initiative, there are currently just five U.S. Commerce Department Foreign

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