Browsing: China-Africa Economic and Trade Expo (CAETE)

China-Africa trade grip
  • For the first time, the China-Africa Economic and Trade Expo (CAETE) came to Africa, with Nairobi playing host last week.
  • According to the Ministry of Commerce of the People's Republic of China, the forum is expected to spread across the continent, with different countries hosting it in the coming years.
  • The Asian country is keen to continue its influence and trade dominance on the African continent.

China has launched a charm offensive on Africa in renewed efforts to tighten its grip on the continent. The West has recently shown growing interest in political and investment corporations, and China is seen as keen to continue its influence on the continent.

For the first time, the China-Africa Economic and Trade Expo (CAETE) came to Africa, with Nairobi playing host last week. According to the Ministry of Commerce of the People's Republic of China, it is expected to go around the continent, with…