Ironically, in the short time span of 20 years since independence spread across Africa, China managed to shift the support of most African countries from initially accepting Taiwan’s independence from China, to supporting a ‘One China’ policy. Angola, which exports over 50% of its crude oil production to China , accumulated 30% of all government loans China has made to Africa between 2000 and 2017. South Africa and ChinaSouth Africa is China’s largest trading partner on the African continent and is the second-largest FDI recipient from China, after Nigeria. China is present in the South African banking sector, represented by the Bank of China and the China Construction Bank. On diplomatic relations, South Africa and China cooperate in the global arena by framing the participation of both countries on shared multilateral platforms.

Source: The North Africa Journal December 11, 2018 06:22 UTC