Jacob Zuma, the South African president, has warned that the unbalanced nature of Africa’s burgeoning trade ties with China is “unsustainable” in the long term.
The South African leader was speaking to the China-Africa Forum in Beijing just after China’s president pledged $20bn in loans to Africa, doubling the amount Beijing agreed to give Africa three years ago at the same forum.
“Africa’s commitment to China’s development has been demonstrated by supply of raw materials, other products and technology transfer,” Mr Zuma said. “This trade pattern is unsustainable in the long term. Africa’s past economic experience with Europe dictates a need to be cautious when entering into partnerships with other economies.”
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