{"id":9207,"date":"2021-12-12T19:29:32","date_gmt":"2021-12-12T19:29:32","guid":{"rendered":"https:\/\/www.africa-press.net\/ethiopia\/?p=9207"},"modified":"2021-12-12T18:56:45","modified_gmt":"2021-12-12T18:56:45","slug":"africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president","title":{"rendered":"Africa, China Trade Mutually Benefiting Not Colonialist Style: African Chamber President"},"content":{"rendered":"

Africa-Press – Ethiopia. <\/strong><\/span>s Ababa December 12\/2021\/ENA\/ The trade relation between Africa and China is based on mutual benefit for the two sides not in a colonialist way that has been in practice for so long with some of the European and western countries, African Chamber of Commerce President Kibur Gena said.<\/p>\n

The Ethiopian economist told ENA that Africa\u2019s trade has mostly been carrying out with European and western countries relying on colonialist line of trading until China offers mutually benefiting trade partnership that is shifting Africans to the emerging Asian and Middle East countries\u2019 markets.<\/p>\n

\u201cChina\u2019s trade tie with Africa is not Colonialist, it is a trade relation that benefits both sides even though some of the west were black mailing it in different ways, it is clear that the trade relations with China and Europe have apparent difference from the onset,\u201d Kibur added.<\/p>\n

According to him, the expanding trade partnership between China and Africa will further benefit African countries by expanding the market opportunities.<\/p>\n

The president said the trade relations of European and western countries with Africa have mostly been carrying out in a colonialist way rooted in historical legacy.<\/p>\n

\u201cTrade in Africa has been carrying out through the line that colonialists put in place,\u201d Kibur said.<\/p>\n

Many countries are shifting their trade relations from Europe and western countries to Middle East and Asian countries, including to China, he observed.<\/p>\n

\u201cMost trade exchanges were with Europe and the U.S. not with Asia and Middle East, which are emerging now. But it\u2019s inevitable to expand the market to China because the market with Europe will decline due to population factors,\u201d he explained.<\/p>\n

China has different programs and initiatives to strengthen relations with Africa, particularly to strengthen trade partnership with the continent, including in zero tariff and other similar supports, he stated.<\/p>\n

The president has called for countries carrying out trade relations in a colonialist way to revise the system.<\/p>\n

The colonialist way of trading relations, for him, take the raw materials and products even produced in Africa.<\/p>\n

It is to be recalled that the government of China recently announced a program that will encourage its businesses to invest no less than 10 billion US dollars in Africa in the next three years, and establish a platform for China-Africa private investment promotion.<\/p>\n

China also decided to provide credit facilities and trade finance to African financial institutions and exporters, and channel to African countries part of its share of the IMF\u2019s new allocation of Special Drawing Rights.<\/p>\n

The country will continue to support the development of African Continental Free Trade Area and support the development of the \u201cGreat Green Wall\u201d in Africa.<\/p>\n

For More News And Analysis About Ethiopia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ethiopia. s Ababa December 12\/2021\/ENA\/ The trade relation between Africa and China is based on mutual benefit for the two sides not in a colonialist way that has been in practice for so long with some of the European and western countries, African Chamber of Commerce President Kibur Gena said. The Ethiopian economist […]<\/p>\n","protected":false},"author":84,"featured_media":9206,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[233,277,235],"class_list":["post-9207","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-ethiopia-2","tag-ethiopia"],"yoast_head":"\nAfrica, China Trade Mutually Benefiting Not Colonialist Style: African Chamber President - Ethiopia<\/title>\n<meta name=\"description\" content=\"s Ababa December 12\/2021\/ENA\/ The trade relation between Africa and China is based on mutual benefit for the two sides n ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Africa, China Trade Mutually Benefiting Not Colonialist Style: African Chamber President\" \/>\n<meta property=\"og:description\" content=\"s Ababa December 12\/2021\/ENA\/ The trade relation between Africa and China is based on mutual benefit for the two sides n ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president\" \/>\n<meta property=\"og:site_name\" content=\"Ethiopia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-12T19:29:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2021\/12\/img-61b645d174901.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"837\" \/>\n\t<meta property=\"og:image:height\" content=\"672\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Africa, China Trade Mutually Benefiting Not Colonialist Style: African Chamber President\",\"datePublished\":\"2021-12-12T19:29:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president\"},\"wordCount\":465,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2021\/12\/img-61b645d174901.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ethiopia\",\"ethiopia\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president\",\"url\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president\",\"name\":\"Africa, China Trade Mutually Benefiting Not Colonialist Style: African Chamber President - Ethiopia\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2021\/12\/img-61b645d174901.jpg\",\"datePublished\":\"2021-12-12T19:29:32+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"s Ababa December 12\/2021\/ENA\/ The trade relation between Africa and China is based on mutual benefit for the two sides n ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2021\/12\/img-61b645d174901.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2021\/12\/img-61b645d174901.jpg\",\"width\":837,\"height\":672,\"caption\":\"Africa, China Trade Mutually Benefiting Not Colonialist Style: African Chamber President\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/ethiopia\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Africa, China Trade Mutually Benefiting Not Colonialist Style: African Chamber President\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/#website\",\"url\":\"https:\/\/www.africa-press.net\/ethiopia\/\",\"name\":\"Ethiopia\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/ethiopia\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/ethiopia\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Africa, China Trade Mutually Benefiting Not Colonialist Style: African Chamber President - Ethiopia","description":"s Ababa December 12\/2021\/ENA\/ The trade relation between Africa and China is based on mutual benefit for the two sides n ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president","og_locale":"en_US","og_type":"article","og_title":"Africa, China Trade Mutually Benefiting Not Colonialist Style: African Chamber President","og_description":"s Ababa December 12\/2021\/ENA\/ The trade relation between Africa and China is based on mutual benefit for the two sides n ...","og_url":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president","og_site_name":"Ethiopia","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2021-12-12T19:29:32+00:00","og_image":[{"width":837,"height":672,"url":"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2021\/12\/img-61b645d174901.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/ethiopia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Africa, China Trade Mutually Benefiting Not Colonialist Style: African Chamber President","datePublished":"2021-12-12T19:29:32+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president"},"wordCount":465,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2021\/12\/img-61b645d174901.jpg","keywords":["Africa Press","Africa Press-Ethiopia","ethiopia"],"articleSection":["all news","economy","homepage-english"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president","url":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president","name":"Africa, China Trade Mutually Benefiting Not Colonialist Style: African Chamber President - Ethiopia","isPartOf":{"@id":"https:\/\/www.africa-press.net\/ethiopia\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2021\/12\/img-61b645d174901.jpg","datePublished":"2021-12-12T19:29:32+00:00","author":{"@id":"https:\/\/www.africa-press.net\/ethiopia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"s Ababa December 12\/2021\/ENA\/ The trade relation between Africa and China is based on mutual benefit for the two sides n ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president#primaryimage","url":"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2021\/12\/img-61b645d174901.jpg","contentUrl":"https:\/\/static.africa-press.net\/ethiopia\/sites\/50\/2021\/12\/img-61b645d174901.jpg","width":837,"height":672,"caption":"Africa, China Trade Mutually Benefiting Not Colonialist Style: African Chamber President"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/ethiopia\/all-news\/africa-china-trade-mutually-benefiting-not-colonialist-style-african-chamber-president#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/ethiopia\/"},{"@type":"ListItem","position":2,"name":"Africa, China Trade Mutually Benefiting Not Colonialist Style: African Chamber President"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/ethiopia\/#website","url":"https:\/\/www.africa-press.net\/ethiopia\/","name":"Ethiopia","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/ethiopia\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/ethiopia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/ethiopia\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/posts\/9207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/comments?post=9207"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/posts\/9207\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/media\/9206"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/media?parent=9207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/categories?post=9207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/ethiopia\/wp-json\/wp\/v2\/tags?post=9207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}