China plans to eliminate all tariffs on African goods. A corresponding economic pact is to be negotiated with all 53 African states with which the People's Republic maintains diplomatic relations.
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Next week, the next China-Africa Summit (November 28/29 2021) will take place. In recent years, China has become a key economic factor on the African continent. But the high hopes that Beijing would contribute to an employment boom have been disappointed.
By Redaktion Table
Every three years, the political leaders of China and African countries meet at the Forum on China-Africa Cooperation. This is the highest-level meeting between the nations. It will be held again in November, but an exact date has not yet been set. Nico Beckert spoke with Marina Rudyak from Heidelberg University about China's lending in Africa, the New Silk Road, and African demands on China.
By Nico Beckert
