China launches Forum on China-Africa Cooperation (FOCAC) with 45 African countries

Category
Trade
Place
Global
Date
2000
Reference
Excerpts from Books and Wikipedia
"While Western interest in Africa has flagged, China has stepped into the breach with growing ambition, seeing vast opportunities emerging in what the Chinese had hitherto regarded as Europe’s backyard. . . . The centrepiece of China’s long march into Africa, the Forum on China-Africa Cooperation (FOCAC), was launched in 2000 at a ceremony in Beijing attended by representatives from forty-four African countries. . . . By 2010, trade between Africa and China had risen tenfold over the decade to nearly $115 billion; . . . In 2010, a senior US official, Johnnie Carson, addressing an audience in Lagos, described China as ‘a very aggressive and pernicious economic competitor with no morals’. But many African leaders welcome China’s pragmatic, business-first approach to Africa, preferring it to Western meddling and lectures about elections, corruption, transparency and human rights." [The Fate of Africa, p. 696-7]

This event is linked to the following periods

PeriodMiner
Begin
End
Category
Sub-Saharan Africa (Post-Cold War)
1991
2020
Sub-Saharan African
Peoples Republic of China
1949
2020
Chinese
Trade
-3800
2020
Transcultural