Ethiopia and China started economic relations about 100 B.C when the Han dynasty of China and the Axumite empire of Ethiopia had trade exchanges. On the other hand, many Chinese companies are engaged in several development projects in Ethiopia. And Chinese companies are on the leading position in terms of capital and in manufacturing industry engagement followed by India and Turky. Observing the nation's stability under the state of emergency, ten giant Chinese companies have also decided to invest in Ethiopia. According to the Chinese Ambassador to Ethiopia La Yifan, the previous year has been phenomenal for Ethiopia in terms of economic growth.

Source: Ethiopian News February 18, 2017 17:23 UTC