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DBpedia 2016-04

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Matches in DBpedia 2016-04 for { ?s ?p "Economic relations between China and Africa, one part of more general Africa–China relations, began centuries ago and continue through the present day. This includes the Forum on China-Africa Cooperation (FOCAC), established in 2000 and which defines Sino-African relations as, \"the development of a new, stable and longer-term partnership featuring equality and mutual benefit between China and African countries.\" Whereas China seeks resources for its growing population, African countries are in need of investors to generate economic growth. But while the Sino-African relationship has generated \"excitement...[it is also accompanied by] panic, disappointment and uncertainty, and not just from Africans but from the whole international community.\"The quest for key resources in Africa targets areas rich in oil, minerals, timber, and cotton, such as Sudan, Angola, Nigeria, and South Africa. Large-scale structural projects, often accompanied by a soft loan, are proposed to African countries rich in natural resources. China commonly funds the construction of infrastructure such as roads and railroads, dams, ports, and airports. While relations are mainly conducted through diplomacy and trade, military support via the provision of arms and other equipment is also a major component.In the diplomatic and economic rush into Africa, Taiwan, the United States, France, and the UK are China's main competitors. France and the UK were once the primary commercial partners in Africa, but China recently became its largest trading partner, with trade of US$90 billion in 2009. The United States ranked 2nd, with $86 billion.Although Africa has seen economic growth through commodity exports to China, critics argue that Chinese exports to Africa—as well as Chinese business practices—have impeded aspects of African development, but much better than little to no growth coming from the US or Europe. On the other hand, experts on Sino-African relations, such as Dr. Deborah Brautigam from John's Hopkins SAIS, argue that Chinese involvement emphasizes crucial components or development and aid that are comparatively \"neglected by OECD development co-operation\" with Africa."@en }

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