Former Chinese President Hu Jintao shakes hand with Benin's President Thomas Yayi Boni at the Great Hall of the People in Beijing on July 19, 2012.
Media playback is unsupported on your device

China sees Africa trade evolving beyond mineral resources

One of the biggest trends in global economic and trade ties in recent years has been the growing relationship between China and Africa.

Trade between the two reached $210bn (£125bn) last year - up from just $10bn in 2000.

Africa's exports to China are increasing by 25% every year. In some African countries, those exports account for more than a quarter of their gross domestic product (GDP).

Murat Ulgen, chief economist at HSBC, told Asia Business Report that the relationship is evolving beyond one based on mineral resources.

Watch more reports on Asia Business Report's website.

  • 10 Jun 2014
Go to next video: China and Africa's growing trade