China Africa Relation in Liberia
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CHINA, 2016/11/04
The majority of Africans are in favor of Chinese development on the continent, according to a new statement titled “China’s Growing Presence in Africa Wins Largely Positive Popular Reviews” by the Afrobarometer Research Network. “Almost two-thirds or 63 % of Africans say China’s influence in the continent is “somewhat” or “very” positive, while only 15 % see it as somewhat or very negative,” the statement states.
Trade between Africa and China has increased from $10 billion in 2000 to $220 billion in 2014. In 2000, China established the Forum on China-Africa Co-operation to drive its strategic engagement with sub-Saharan Africa. Since again, the communist country has been the go-to world economic resource for African nations in need of products and services ranging from infrastructure and telecommunication development, to food outlets, retail shops, and textiles.
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LIBERIA, 2014/03/01
The Liberian government and the People's Republic of China have signed an Economic and Technical Cooperation Agreement for China to provide gratuitous assistance of US$13.5 million (80 Million RMB Yuan) to Liberia aimed at further enhancing the friendly relations and cooperation between the two nations.
Foreign Minister Augustine Kpehe Ngafuan signed on behalf of Liberia while Chinese Ambassador to Liberia, H.E. Zhang Yue signed for his government.
According to a Foreign Ministry Release, the Agreement, which is valued at approximately US$13.5 million, will be used to cover expenses of projects to be agreed upon by the Governments of Liberia and China.
