Chinese Premier: Trade With Africa Will Double by 2020

Global Business

Trade volume with Africa will double by 2020, Chinese Premier Li Keqiang told the African Union at the start of his week-long visit to the continent.
Chinese direct investment was also expected to quadruple to US$100 billion within that time, Li said in a speech delivered at the union’s Chinese-built headquarters in Addis Ababa, Ethiopia.
He also signed several trade and infrastructure deals, as well as shared visions of helping their citizens.
CCTV’s Rachelle Akuffo explains. Follow Rachelle Akuffo on Twitter @RachelleAkuffo

Chinese Premier Li Keqiang Wraps up Ethiopia Trip

Chinese Premier Li Keqiang Wraps up Ethiopia Trip

Before heading to Nigeria, Chinese Premier Li Keqiang wrapped up his visit in Ethiopia. Several new trade and infrastructure agreements were signed but China and the African continent also share visions for improving the life of their citizens. Rachelle Akuffo explains.


Ethiopia has been a major beneficiary of Chinese investments. Thousands of jobs have been created in the manufacturing sector. And shoe-making is one of the most successful China-Ethiopia partnerships. CCTV’s Girum Chala has more.
Chinese Shoe Factory Creates Jobs in Ethiopia

Chinese Shoe Factory Creates Jobs in Ethiopia

Ethiopia has been a major beneficiary of Chinese investments. Thousands of jobs have been created in the manufacturing sector. And shoe-making is one of the most successful China-Ethiopia partnerships. CCTV's Girum Chala has more.


Todd Moss, Chief Operating Officer of the Center for Global Development, joined CCTV’s discussion on Africa’s economies.
Interview with Todd Moss on Africa Economy

Interview with Todd Moss on Africa Economy

For more insights into the African economy,CCTV spoke to Todd Moss, Chief Operating Officer of the Center for Global Development.