China-Africa trade sets a new record. We’ll go behind the numbers of their growing economic partnership.

China has been Africa’s largest trading partner for 14 straight years and its fourth-biggest source of investment.

Bilateral trade reached a record $282 billion last year, in part due to higher commodity prices and Beijing’s push to promote imports from Africa. It is, by all accounts, a win-win for both. Which is why representatives from some 50 African countries and international organizations are gathering in Changsha, China for the third China-Africa Economic and Trade Expo. 

Joining the discussion:

• Abdullahi Boru Halakhe is an Africa Security and Policy Analyst.
• Yan Liang focuses on international trade and finance as a Chair Professor at Willamette University.
• Ken Gichinga is a Chief Economist at Mentoria Economics. 
• Einar Tangen is a Senior Fellow with the Taihe Institute and the Founder & Chair of Asia Narratives.

The third China-Africa Economic and Trade Expo kicked off on Thursday in Changsha, the capital of central China's Hunan Province. A number of African officials and exhibitor expressed their expectations towards the ongoing event. #GLOBALink pic.twitter.com/jObwSKuDVl

— China Xinhua News (@XHNews) June 30, 2023

"This conference is very important for Nigeria. We are expecting a lot of trade cooperation between Nigeria and China," said Ezra Yakusak, Minister of Industry, Trade & Investment of the Nigerian Export Promotion Council, at the ongoing Third China-Africa Economic and Trade Expo… pic.twitter.com/zj369GHeRn

— Global Times (@globaltimesnews) June 30, 2023