China's evolving African trade

Standard Bank’s Craig Polkinghorne and Tee Chong Ong talk about Asia’s evolving trade relationship with Africa.

China's evolving African trade

Trade between Africa and the Bric countries -- Brazil, Russia, India and China -- has grown 10-fold over the past decade. The value of total transactions increased to about $166 billion by the end of 2008 from $16 billion in 2000. Now the flavour of the month is Sino-African trade.

South Africa's Standard Bank is positioned to take advantage of China's, in fact Asia's, appetite for Africa. The institution is widely regarded as the bank of choice for...

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